Communication & DEI
This word refers to the tendency to favor or disfavor certain individuals, groups, or ideas.
What is bias?
This is a snapshot of your borrowing and repayment history.
What is a credit score?
This is the ability to understand and share the feelings of another person.
What is empathy?
This is a spending plan which contain rules or guidelines for how you direct your funds.
What is a financial plan?
These are financial intermediaries regulated by the Federal Reserve.
What are banks and/or credit unions?
This term refers to the action of fully concentrating, understanding, responding, and remembering what another person is saying.
What is active listening?
This is the type of credit that a credit card is.
What is revolving credit?
This involves self-awareness, self-regulation, motivation, empathy, and social skills.
What is emotional intelligence?
This is the idea of weighing what is needed to continue functioning daily versus what brings additional entertainment, fun, luxury, or convenience to life.
What is needs versus wants?
This is a representation of ownership in a public company.
This is a type of bias that occurs when you react to/make decisions based on how information is presented, often appealing to emotions and favoring a certain outcome.
What is Framing Effect?
This is 35% of your credit score.
What is payment history?
This tries to reduce emotional intensity and create a productive environment for discussions.
Almost 41% of Americans do this to survive.
What is live paycheck to paycheck?
These students may have their problems manifest through emotional instability, behavioral changes, difficulty managing essential needs, and/or declining academic performance.
What are students in crisis?
These are structured sentences used to describe and interpret personal thoughts and experiences.
What are reflective phrases?
This type of repayment method prioritizes paying off debt in order of lowest balance to highest balance.
What is the Snowball Method?
This type of empathy shows that you feel what the student feels, creating a deeper connection and bond.
What is emotional empathy?
This budgeting method has you paying yourself first.
What is reverse budgeting?
These students often face higher costs, limited work opportunities, and dependency on financial aid.
What are students with disabilities?
This is the foundation for all positive interactions.
What is trust?
This is a common phrase reflecting the idea of spending more money to keep up with those around you.
What is "Keeping up with the Joneses"?
This is a key strategy in coaching where you focus on the moment rather than past or future sessions or challenges. It also means limiting distractions and focusing on the student you are helping.
What is staying present?
This is what SMART stands for.
What is Specific, Measurable, Attainable/Achievable, Relevant, and Time-bound/Timely?
Financial attitudes are often first formed through this group.