FiCEP 6th Edition Terms Chapters 1-30 Exam with || || || || || || || ||
precise detailed answers || ||
List some financial counseling myths. - ✔✔- Finding the right answer is always quick and easy
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- You have to get rid of everything when you budget
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- Members will always follow your recommendations
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- Counselors can help everyone, etc.
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Financial Counseling is... - ✔✔- Unpredictable
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- Creative
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- Interactive
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- Spontaneous
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- Weighing Options
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- Suggesting Solutions
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Financial Counseling isn't... - ✔✔- A substitute for profession therapy
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- A formula that fits every member
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- Solely an information gathering interview
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- An opportunity for the counselor to take control
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- An answer to every problem
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- A guaranteed solution
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Why educate employees? - ✔✔- Increased Productivity
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- Reduce Absenteeism
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- Increase Loyalty
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- Increase Benefit Enrollment
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, 2
What are some Essential Qualities of Financial Coaches? - ✔✔- Be a Good Listener
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- Be Non-Judgmental
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- Control the Interview and Other Interactions
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What are the steps to Change Behavior? - ✔✔1. Recognize the Need for Change
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2. Gather Information and Introduce New Ideas
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3. Revise the Plan, as Needed
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4. Make Change Part of Everyday Habits
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Deeply held principles on standards of behavior. - ✔✔Values
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The way one thinks and/or feels about something. - ✔✔Attitudes
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One's actions and interactions with others. - ✔✔Behaviors
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The way one understands or interprets something. - ✔✔Perceptions
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The term that describes viewing all the forces for and against a plan so a decision can be made. -
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✔✔Force-Field Analysis ||
The term that describes weighing the cost and benefit of possible solutions to help determine the
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best option to pursue. - ✔✔Cost-Benefit Analysis
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The term that describes the decision-making tool of helping members compile a list of necessary
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and non-essential items. - ✔✔Essential Obligations
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List some Decision-Making Techniques: - ✔✔- Scaling
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