FiCEP Exam Study
• Left Brain processes...
a. speech, analysis, time, sequence
b. creativity, patterns, spatial awareness, context: a. speech, analysis, time,sequence
• Right Brain Brain processes...
a. speech, analysis, time, sequence
b. creativity, patterns, spatial awareness, context: b. creativity, patterns, spatialawareness,
context
• This approach correlates with the left, analytical side. Communicates in ways that are
orderly, specific, and straight-forward. Often assertive and per-ceived sometimes as
aggressive.
a. Hard Approach
b. Soft Approach: a. Hard Approach
• This approach correlates with the right, creative side. It offers possibilitiesand suggestions,
avoiding absolutes or directives. This can help overcome barriers to communication about
financial topics. Also may overcome resis- tance by using humor, metaphors, or personal
stories.
a. Hard Approach
b. Soft Approach: b. Soft Approach
• Hard Approach Qualities include...
a. logic, reason, exact, focused, factual, specific
b. humor, metaphor, quotes, fantasy, imagery, ambiguity: a. logic, reason, exact,focused,
factual, specific
• Soft Approach Qualities include...
a. logic, reason, exact, focused, factual, specific
,b. humor, metaphor, quotes, fantasy, imagery, ambiguity: b. humor, metaphor,quotes, fantasy,
imagery, ambiguity
• Represents information that is known to a counselor and member. For ex-ample, a
counselor and member know each other's names and occupations.
a. Open
b. Blind
c. Hidden
d. Unknown: a. Open
• Represents information a counselor knows and a member does not. Through interaction,
counselors will gradually reduce the members'
a. Open
b. Blind
c. Hidden
d. Unknown: b. Blind
• Represents information the member knows and chooses not to share. As a counselor gains
the member's trust, the member usually chooses to revealprivate information.
a. Open
b. Blind
c. Hidden
d. Unknown: c. Hidden
• Represents information unknown to self and others. Exploring this areais usually the
work of psychotherapists, who operate at a level far beyond financial counseling.
a. Open
b. Blind
c. Hidden
d. Unknown: d. Unknown
• The helps people understand relationships with them-selves
and others.
,a. Johari Window
b. Jerry Window
c. Joheri Window
d. Joharri Window: a. Johari Window
• This type of counseling helps members cope with debt they cannot affordor poor money
management. counseling is often required
because a member faces a financial emergency, such as utility shut-off.: Re-medial
counseling
• This type of counseling helps members with good financial habits managefinancial
challenges due to life changes. counseling can
alsobe used to prepare members for a large purchase. Known as "pre-purchase counseling,"
this form of counseling helps members learn how much they canafford now and to maintain the
large purchase.: Preventive counseling
• This type of counseling helps members identify the best way to use their resources to
improve their financial status.
counseling is often needed when someone suddenly acquires assets. Counselors often
have to refer members to other professionals for part of the process, such as tax or investment
advice.: Productive counseling
• This is an essential part of helping members gain financial stability. A
is used to determine how earnings will be allocated and makes it possible to
restrain spending so money is available to meet living expenses, repay debt, and meet other
short- and long-term goals.
Some counselors like to call it a "personal spending plan".: Budget
• What is the "not married" tax type?: Single
• A good action plan achieves four goals:: 1. Give members a specific list ofsteps to
complete
2. State when members will take each step
3. Make it possible for members to address andsolve specific financial problems
4. Help members learn how to develop additionalaction plans alone to solve future problems
• What spending cycle do counselors want members to move to?
, a. Cycle 1 - Earn/Spend/Earn/Spend
b. Cycle 2 - Earn/Spend/Borrow/Spend
c. Cycle 3 - Earn/Spend/Save
d. Cycle 4 - Earn/Save/Spend: d. Cycle 4 - Earn/Save/Spend
• Spending Cycle 1 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: a. Earn/Spend/Earn/Spend
• Spending Cycle 2 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: b. Earn/Spend/Borrow/Spend
• Spending Cycle 3 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: c. Earn/Spend/Save
• Spending Cycle 4 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: d. Earn/Save/Spend
• Left Brain processes...
a. speech, analysis, time, sequence
b. creativity, patterns, spatial awareness, context: a. speech, analysis, time,sequence
• Right Brain Brain processes...
a. speech, analysis, time, sequence
b. creativity, patterns, spatial awareness, context: b. creativity, patterns, spatialawareness,
context
• This approach correlates with the left, analytical side. Communicates in ways that are
orderly, specific, and straight-forward. Often assertive and per-ceived sometimes as
aggressive.
a. Hard Approach
b. Soft Approach: a. Hard Approach
• This approach correlates with the right, creative side. It offers possibilitiesand suggestions,
avoiding absolutes or directives. This can help overcome barriers to communication about
financial topics. Also may overcome resis- tance by using humor, metaphors, or personal
stories.
a. Hard Approach
b. Soft Approach: b. Soft Approach
• Hard Approach Qualities include...
a. logic, reason, exact, focused, factual, specific
b. humor, metaphor, quotes, fantasy, imagery, ambiguity: a. logic, reason, exact,focused,
factual, specific
• Soft Approach Qualities include...
a. logic, reason, exact, focused, factual, specific
,b. humor, metaphor, quotes, fantasy, imagery, ambiguity: b. humor, metaphor,quotes, fantasy,
imagery, ambiguity
• Represents information that is known to a counselor and member. For ex-ample, a
counselor and member know each other's names and occupations.
a. Open
b. Blind
c. Hidden
d. Unknown: a. Open
• Represents information a counselor knows and a member does not. Through interaction,
counselors will gradually reduce the members'
a. Open
b. Blind
c. Hidden
d. Unknown: b. Blind
• Represents information the member knows and chooses not to share. As a counselor gains
the member's trust, the member usually chooses to revealprivate information.
a. Open
b. Blind
c. Hidden
d. Unknown: c. Hidden
• Represents information unknown to self and others. Exploring this areais usually the
work of psychotherapists, who operate at a level far beyond financial counseling.
a. Open
b. Blind
c. Hidden
d. Unknown: d. Unknown
• The helps people understand relationships with them-selves
and others.
,a. Johari Window
b. Jerry Window
c. Joheri Window
d. Joharri Window: a. Johari Window
• This type of counseling helps members cope with debt they cannot affordor poor money
management. counseling is often required
because a member faces a financial emergency, such as utility shut-off.: Re-medial
counseling
• This type of counseling helps members with good financial habits managefinancial
challenges due to life changes. counseling can
alsobe used to prepare members for a large purchase. Known as "pre-purchase counseling,"
this form of counseling helps members learn how much they canafford now and to maintain the
large purchase.: Preventive counseling
• This type of counseling helps members identify the best way to use their resources to
improve their financial status.
counseling is often needed when someone suddenly acquires assets. Counselors often
have to refer members to other professionals for part of the process, such as tax or investment
advice.: Productive counseling
• This is an essential part of helping members gain financial stability. A
is used to determine how earnings will be allocated and makes it possible to
restrain spending so money is available to meet living expenses, repay debt, and meet other
short- and long-term goals.
Some counselors like to call it a "personal spending plan".: Budget
• What is the "not married" tax type?: Single
• A good action plan achieves four goals:: 1. Give members a specific list ofsteps to
complete
2. State when members will take each step
3. Make it possible for members to address andsolve specific financial problems
4. Help members learn how to develop additionalaction plans alone to solve future problems
• What spending cycle do counselors want members to move to?
, a. Cycle 1 - Earn/Spend/Earn/Spend
b. Cycle 2 - Earn/Spend/Borrow/Spend
c. Cycle 3 - Earn/Spend/Save
d. Cycle 4 - Earn/Save/Spend: d. Cycle 4 - Earn/Save/Spend
• Spending Cycle 1 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: a. Earn/Spend/Earn/Spend
• Spending Cycle 2 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: b. Earn/Spend/Borrow/Spend
• Spending Cycle 3 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: c. Earn/Spend/Save
• Spending Cycle 4 is:
a. Earn/Spend/Earn/Spend
b. Earn/Spend/Borrow/Spend
c. Earn/Spend/Save
d. Earn/Save/Spend: d. Earn/Save/Spend
