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FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS GET ALL 100% CORRECT $12.49   Add to cart

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FICEP FINAL EXAM 2024 MOST TESTED QUESTIONS COMPLETE 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS GET ALL 100% CORRECT

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If a debtor files a _________ on your property you will will unable to sell or dispose of it without arrangements on the debt. Lien Spending too much, saving too little, carrying too much debt, reliance on othersm and caring to little about finance. Poor financial habits The view that mon...

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  • October 26, 2024
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FICEP FINAL EXAM 2024 MOST
TESTED QUESTIONS COMPLETE
400 QUESTIONS WITH DETAILED
VERIFIED ANSWERS GET ALL
100% CORRECT
If a debtor files a _________ on your property you will will unable to sell or

dispose of it without arrangements on the debt.

✓ Lien



Spending too much, saving too little, carrying too much debt, reliance on

othersm and caring to little about finance.

✓ Poor financial habits



The view that money us evil or undeserved

✓ Money avoidance



The belief that money is synonymous with happiness and success

✓ Money worship



Associates wealth with self-worth.

✓ Money status



Perceived need for secrecy about one's financial wellness.

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✓ Money Vigilance



Living paycheck to paycheck.

✓ Earn/spend/earn



How do you combat earn/spend/earn patterns?

✓ Dividing paycheck into specific spending categories. "Capturing" money before it can
be spent.



Confuse wants with needs. Relying on debt to establish and maintain the

standard of living they feel they deserve.

✓ Earn/spend/borrow/spend



Savings is low priority. Rarely enough money.

✓ Earn/spend/save



How can you combat Earn/spend/save patterns?

✓ Identify reasons to save.



Pay yourself first. Saving money immediately. Budget and spend what is left.

✓ Earn/save/spend



Learned patterns, parents, society, creditors, lenders are examples of

______________ ________________.



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✓ behavioral influences



Financial counselors should seek to help members ______________ their

perspective to see other possibilities that could improve their financial health.

✓ Expand



Correlates to the left hemisphere. Orderly and systematic center for processing

info provided by the senses. Directed with a focused activity.

✓ Conscious mind



Correlates to the right hemisphere and provides autonomic processing, which

controls functions of the body that continually work in the background such as

breathing.

✓ Unconscious mind



Correlates to the left, analytical side. Communicates in ways that are orderly,

specific, and straight-forward. Often assertive.

✓ Hard Approach



Correlates with the right, creative side. Offers possibilities and suggestions.

Avoids absolutes or directives.

✓ Soft Approach



Term for information that is known to a counselor and member.


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