Day 2 Flashcards
1
Q
What are the 5 objectives of a solution focused financial counseling?
A
Short-term Goal-oriented Task-Centered Positive Encouraging
2
Q
What is the 8-step counseling cycle?
A
Prepare for the counseling session Build the Relationship Gather Data Prioritize concerns Explore options Construct solutions Implement the plan monitor and follow up
3
Q
What is the SOFTEN approach?
A
SQUARELY face the client Maintain OPEN posture Lean FORWARD toward the client Give client TOTAL attention Keep good EYE contact NOD affirmatively
4
Q
What are the 5 parts of the financial planning worksheet.
A
Net-worth statement Budgeting or spending plan Financial Health Assessment with Action Plan Debt Destroyer Financial Links
