FICEP Final Exam | Verified Exam Questions and Answers | Latest
Updated Study Material 2026
Question:
Lien
Answer:
S If a debtor files a on your property you will will
unable to sell or dispose of it without arrangements on the debt.
Question:
Poor financial habits
Answer:
S Spending too much, saving too little,
carrying too much debt, reliance on othersm and caring to little about finance.
Question:
Money avoidance
Answer:
S The view that money us evil or undeserved
Question:
Money worship
Answer:
S The belief that money is synonymous with
happiness and success
Question:
Money status
Answer:
S Associates wealth with self-worth.
Question:
Money Vigilance
Answer:
S Perceived need for secrecy about one's
,financial wellness.
Question:
Earn/spend/earn
Answer:
S Living paycheck to paycheck.
Question:
Dividing paycheck into specific spending categories. "Capturing" money before it can be spent.
Answer:
S How do you combat earn/spend/earn patterns?
Question:
Earn/spend/borrow/spend
Answer:
S Confuse wants with needs. Relying on
debt to establish and maintain the standard of living they feel they deserve.
Question:
Earn/spend/save
Answer:
S Savings is low priority. Rarely enough money.
Question:
Identify reasons to save.
Answer:
S How can you combat Earn/spend/save
patterns?
Question:
Earn/save/spend
Answer:
S Pay yourself first. Saving money immediately.
Budget and spend what is left.
, Question:
behavioral influences
Answer:
S Learned patterns, parents, society,
creditors, lenders are examples of .
Question:
Expand
Answer:
S Financial counselors should seek to help members
their perspective to see other possibilities that could improve their financial
health.
Question:
Conscious mind
Answer:
S Correlates to the left hemisphere. Orderly and
systematic center for processing info provided by the senses. Directed with a focused activity.
Question:
Unconscious mind
Answer:
S Correlates to the right hemisphere and
provides autonomic processing, which controls functions of the body that continually work in the
background such as breathing.
Question:
Hard Approach
Answer:
S Correlates to the left, analytical side.
Communicates in ways that are orderly, specific, and straight-forward. Often assertive.
Question:
Soft Approach
Answer:
S Correlates with the right, creative side. Offers
Updated Study Material 2026
Question:
Lien
Answer:
S If a debtor files a on your property you will will
unable to sell or dispose of it without arrangements on the debt.
Question:
Poor financial habits
Answer:
S Spending too much, saving too little,
carrying too much debt, reliance on othersm and caring to little about finance.
Question:
Money avoidance
Answer:
S The view that money us evil or undeserved
Question:
Money worship
Answer:
S The belief that money is synonymous with
happiness and success
Question:
Money status
Answer:
S Associates wealth with self-worth.
Question:
Money Vigilance
Answer:
S Perceived need for secrecy about one's
,financial wellness.
Question:
Earn/spend/earn
Answer:
S Living paycheck to paycheck.
Question:
Dividing paycheck into specific spending categories. "Capturing" money before it can be spent.
Answer:
S How do you combat earn/spend/earn patterns?
Question:
Earn/spend/borrow/spend
Answer:
S Confuse wants with needs. Relying on
debt to establish and maintain the standard of living they feel they deserve.
Question:
Earn/spend/save
Answer:
S Savings is low priority. Rarely enough money.
Question:
Identify reasons to save.
Answer:
S How can you combat Earn/spend/save
patterns?
Question:
Earn/save/spend
Answer:
S Pay yourself first. Saving money immediately.
Budget and spend what is left.
, Question:
behavioral influences
Answer:
S Learned patterns, parents, society,
creditors, lenders are examples of .
Question:
Expand
Answer:
S Financial counselors should seek to help members
their perspective to see other possibilities that could improve their financial
health.
Question:
Conscious mind
Answer:
S Correlates to the left hemisphere. Orderly and
systematic center for processing info provided by the senses. Directed with a focused activity.
Question:
Unconscious mind
Answer:
S Correlates to the right hemisphere and
provides autonomic processing, which controls functions of the body that continually work in the
background such as breathing.
Question:
Hard Approach
Answer:
S Correlates to the left, analytical side.
Communicates in ways that are orderly, specific, and straight-forward. Often assertive.
Question:
Soft Approach
Answer:
S Correlates with the right, creative side. Offers
