CUNA - FICEP EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS

CUNA - FICEP EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Ch 1. Introduction to Financial Counseling - Financial Counseling Myths - Answer -• 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 as the counselor. • 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.Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: Ch 2. Counseling Credit Union Employees - Program Necessities: Multiple Methods and Subjects - Answer -All co-workers are at different life stages and have different needs, so be flexible. Ch 3. The Financial Counselor - Essential Counselor Qualities: Control the Interview - Answer -Control the interview and other member interactions. Keep the focus on finances, to achieve results. Ch 3. The Financial Counselor - Essential Counselor Qualities: Express Empathy for Members - Answer -Empathy and Sympathy are not the same. Empathy involves showing you understand a member's situation, while refraining from excusing poor financial practices. Ch 4. How to Change Behavior - Do Not Change Members' Values - Answer -Help members change their money attitudes, behaviors, and perceptions, not their values. Values are one's deeply held principles on standards of behavior, a judgment of what is important in life.Ch 5. Decision-Making Tools and Techniques - Essential Obligations - Answer -List of needs the member must fulfill. Next, the counselor works with the member to define the non-essentials. This method can be used to weigh decisions within a spending plan, decide if a purchase is suitable. Ch 5. Decision-Making Tools and Techniques - Scaling - Answer -Scales are rating systems used to assign numerical rankings to needs, goals, or levels of motivation. On a scale from 1 to 10, how impo