Developing Financial Goals Does Not Involve

question 70

Multiple Choice

Developing financial goals does not involve:

• A)Analyzing your financial values several times a year
• B)Differentiating your needs from your wants
• C)Allowing others to decide which goals you should pursue
• D)Creating specific financial goals
• E)None of these

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Definitions:

Modeled Verbalization

A therapeutic technique where a therapist demonstrates how to express thoughts or feelings verbally as a model for the client.

Mastery Self-talk

The practice of using positive internal dialogue to enhance self-confidence and performance, especially in challenging situations.

Catastrophizing

An irrational thought process leading one to believe that something is far worse than it actually is, often resulting in increased anxiety or worry.

Discounting Positives

A cognitive bias where individuals disregard or minimize positive information, experiences, or attributes about themselves.