Ficep part 2 - Study guides, Class notes & Summaries

FiCep Part 1 Exam Questions with Complete Solutions What is the best tactic for helping members who are in the "earn/spend/earn/spend" cycle? - Answer-Each paycheck must be divided up for specific categories such as savings and debt What are the six steps of the financial counseling process? - Answer-1. Gather personal and financial data 2. Establish clear financial goals and objectives 3.Process and analyze info 4.Develop a comprehensive spending plan 5. Implement the plan 6. Monit...

FICEP Test Questions and Answers 100% Pass Money avoidance is the idea that money is evil or ______________ undeserved The idea that money is the way to solve all a member's problems is money ______________ worship 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 Money vigilance is a member's perceived need for ___________ about their financial matters. secrecy The ideal spending cycle a member should st...

FICEP Test Correct Questions Money avoidance is the idea that money is evil or ______________ - ANSWER undeserved The idea that money is the way to solve all a member's problems is money ______________ - ANSWER worship 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. - ANSWER Status Money vigilance is a member's perceived need for ___________ about their financial matters. - ANSWER secrecy The ideal spe...

FICEP Test Questions With Solutions Money avoidance is the idea that money is evil or ______________ - ANS underserved The idea that money is the way to solve all a member's problems is money ______________ - ANS worship 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. - ANS Status Money vigilance is a member's perceived need for ___________ about their financial matters. - ANS secrecy The...

FiCEP Study Guide (Final) Verified Answers $1 million or more Umbrella liability coverage is laid on top of existing homeowner and auto policies to provide additional coverage of ______. $30,000 Two-thirds of working women earn less than _____ a year; when compared to men, women are more likely to work in part-time jobs that are linked to lower wages, a lower rate of promotion, a lower rate of pension, and smaller retirement benefits. $5,500 Contributions to both Traditional and Roth IR...

FICEP Test Complete Questions And Answers Money avoidance is the idea that money is evil or ______________ - answerundeserved The idea that money is the way to solve all a member's problems is money ______________ - answerworship 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. - answerStatus Money vigilance is a member's perceived need for ___________ about their financial matters. - answersecrecy The ide...

FICEP Test Complete Questions And Answers Money avoidance is the idea that money is evil or ______________ - answerundeserved The idea that money is the way to solve all a member's problems is money ______________ - answerworship 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. - answerStatus Money vigilance is a member's perceived need for ___________ about their financial matters. - answersecrecy The ide...

Updated FiCEP Test - Questions and Answer, Summer 2024 Money avoidance is the idea that money is evil or ______________ Undeserved The idea that money is the way to solve all a member's problems is money ______________ Worship 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 Money vigilance is a member's perceived need for ___________ about their financial matters. Secrecy The ideal spending cycle a member...

FICEP EXAM PART 2 ALL DONE SOLUTION WITH ACTUAL QUESTIONS AND ANSWERS

FICEP Test Questions and answers, rated A+ Money avoidance is the idea that money is evil or ______________ - -undeserved The idea that money is the way to solve all a member's problems is money ______________ - - worship 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 Money vigilance is a member's perceived need for ___________ about their financial matters. - - secrecy The ideal spending cyc...