Ficep test 1 - Study guides, Class notes & Summaries

FICEP Test 1. Money avoidance is the idea that money is evil or ______________: undeserved 2. The idea that money is the way to solve all a member's problems is money ______________: worship 3. Money ____________ is the member's belief that wealth is tied to self-worth. Money is seen as a member's way to one-up others.: Status 4. Money vigilance is a member's perceived need for ___________ about their financial matters.: secrecy 5. The ideal spending cycle a member should strive to b...

FICEP test 1

people who have gambled in their lifetimes, in the past year 85%, 66% learning financial attitudes from parents is known as modeling consumers who want it "now vs later" are at the greatest risk of spending more than they can afford if a member thinks of a new obligation as only a few more dollars a month, without considering the total cost of the purchase, this usually indicates that they are focusing too little on the future members viewing their 401k contribu...

people who have gambled in their lifetimes, in the past year - Answer 85%, 66% learning financial attitudes from parents is known as - Answer modeling consumers who want it "now vs later" are at the greatest risk of - Answer spending more than they can afford if a member thinks of a new obligation as only a few more dollars a month, without considering the total cost of the purchase, this usually indicates that they are - Answer focusing too little on the future members vie...

people who have gambled in their lifetimes, in the past year - 85%, 66% learning financial attitudes from parents is known as - modeling consumers who want it "now vs later" are at the greatest risk of - spending more than they can afford if a member thinks of a new obligation as only a few more dollars a month, without considering the total cost of the purchase, this usually indicates that they are - focusing too little on the future members viewing their 401k contributions as the...