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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 9.

Multiple Choice Questions

1. What are 1,001 SURE WAYS TO SAVE MONEY?
(a) Participants should look at their own expense lists and make their own list of ways to save.
(b) A list of strategies to achieve early retirement.
(c) A list of coupon resources.
(d) A list of contacts for business networking.

2. How should investment income be tracked?
(a) Combined with other income.
(b) Combined with monthly expenses.
(c) Subtracted from monthly expenses.
(d) Separately from other income.

3. What usually happens after a person retires from their job?
(a) Expenses and income stay about the same.
(b) Expenses go up.
(c) Income goes up.
(d) Expenses go down.

4. What should people do about unusual extra expenses, such as medical bills or birthday parties?
(a) Accept them as a normal part of financial life.
(b) Avoid them whenever possible.
(c) Categorize them as "gazingus pins."
(d) Create an extra chart to track them.

5. When should a cushion be saved and set aside?
(a) Before saving up capital for investments.
(b) Before paying off debts.
(c) After saving up capital for investments.
(d) Before starting a new job.

Short Answer Questions

1. What should participants do if they don't make a living from their passion?

2. What is the recommended size of the wall chart?

3. What must people do in order to make Step 3 work?

4. What three columns should record-keeping include?

5. Which perspective is feeling connected to a certain social class part of?

(see the answer key)

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