FICEP 2024 SIXTH EDITION Questions with Complete Solutions (Latest 2025) What are the financial counseling myths? (10) (CHAPTER 1) - Correct Answers ✅1. Counselors can provide instant relief.
- Budgeting means denying oneself.
- Budgeting requires an accounting background.
- People in financial trouble spend too much.
- Everyone follows counselors' recommendations.
- The member will be as dedicated to making the plan work
- If a plan fails, it is the member's fault.
- If a plan fails, it means the member can never succeed.
- Counselors can help everyone.
- Everyone wants to pay off debt.
- Understanding.
- Multiple methods and subjects.
- Survey employees.
- Nonjudgmental.
- Control the interview and other member interactions. 1 / 2
as the counselor.
What are the program necessities for counseling credit union employees? (4) (CHAPTER 2) - Correct Answers ✅1.Confidentiality. (How do you achieve it?)
What are the essential counselor qualities? (CHAPTER 3) - Correct Answers ✅1. Good listener.
FICEP 2024 SIXTH EDITION Questions with Complete Solutions (Latest 2025) What are the vital counselor skills? (17) (CHAPTER 3) - Correct Answers ✅1. Ask perceptive questions.
- Observe nonverbal clues.
- Help members assess behaviors and attitudes.
- Express empathy for members
- Assist members to identify needs and wants.
- Explore money management skills.
- Assemble a complete financial picture.
- Develop a workable budget
- Gain agreement on budget with member.
- Suggest workable approaches and potential solutions.
- Motivate members to implement spending plans.
- Combine optimism, enthusiasm, and realism.
- Assess progress.
- Offer confidentiality.
- Adjust plans as needed.
- Make referrals when needed.
- Offer hope.
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What are the main points to keep in mind about NOT changing Members' values. Describe them. (4) (CHAPTER 4) - Correct Answers ✅1. Values: Are one's deeply held