HUD Counselor Certification Question and answers rated A+ 2024

HUD Counselor Certification Question and answers rated A+ 2024Income - correct answer Regular Salary/Temporary Jobs/Unemployment Compensation/Public Assistance Allowable Documents - Paychecks/Direct Deposit Slips/Self Employed Income and Expense Sheet/Income Checks or Cash/ Gov't Benefit Letters Exclude - Pre-Tax Payroll Deductions including pre-tax retirement funds/Credit Score/Future Raises/Bonuses/Overtime/Stock Dividends/Employer Reimbursements Expenses - correct answer All bills/All fixed monthly expenses/All cash expenses/Seasonal or annual expenses/ Include - Utility, insurance, and other bills Bank Statements Credit card statements Records about car maintenance, school supplies, etc., for estimated periodic expenses Steps - correct answer 1. Examine content of budget worksheet 2. Ask client what he/she has discovered about income and spending habits 3. Ask client if he/she thinks his/her goals are achievable 4. Coach client on strategies for defining needs over wants 5. Walk through strategies for adjusting goals and budget 6. Develop a client action plan that includes client actions/tasks and time frames. Strategies - correct answer Increase Income Find second job Work overtime Negotiate higher salary/wage Sell asset Hold yard sale Teach a skill/craft/hobby Sell a craft Charge rent