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Terms in this set (49)
What are some myths about financial Counselors can provide instant relief & can help
counseling? everyone, and everyone will follow
reccomendations.
Another set of myths about financial If a plan fails, its the members fault & they can
counseling is never succeed and the member will be dedicated
to making the plan work
Another financial counseling myth is Everyone wants to pay off debt and People spend
too much is the cause of financial troubles.
A budgeting financial counseling It requires an accounting background and you
myth is have to deny oneself
What are a few program necessities Confidentiality, Understanding, Multiple methods &
for Financial counseling subjects, and Surveying employees
What are some Essential Qualities of Good listener, Non-Judgmental, and Control the
a Counselor? interview & interactions
Some vital skills of a counselor are Asking perceptive questions, observe nonverbal
clues, Help members assess behaviors and
attitudes.
, Expressing empath for members, Examples of vital financial counselor skills
assist with identifying wants & need,
and assembling a complete financial
picture are
Another set of Vital Financial Develop workable budget and agreement, assess
Counselor Skills are progress, adjust plans, offer hope and motivate
implement spending plans
What do counselors need to help Their money attitudes, behaviors, & perceptions.
members change? Not their values
What are values? One's deeply held principles on stands of behavior,
a judgement of what is important in life.
Name the 3 decision making tools? Essential Obligations, Force-Field Analysis, and
Cost-Benefit Analysis
What is an Essential Obligation Needs the member must fulfill
Define what a Force-Field Analysis is. A method used to view all the forces in favor of or
against a plan, so a decision can be made
What is a Cost Benefit Analysis? Weighting the cost and benefit of two possible
solutions to determine workable and beneficial
solutions.
What are some Decision-Making Scaling, Reframing, Using Exceptions, Future
Techniques? Pacing, Quotes & Stories, and Metaphors
What is Scaling Rating systems used to assign numerical rankings
to needs, goals or levels of motivation.