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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What generally happens to monthly expenses, when tracked by program participants?
(a) They gradually decrease.
(b) They gradually increase.
(c) They settle into a certain range.
(d) They trend up or down along with income.

2. What is the meaning of the Spanish word, "aprovechar?"
(a) To approve of all spending choices.
(b) Achieving early retirement.
(c) To get full use or full enjoyment out of something.
(d) Having a successful career.

3. What is the best thing to do with the interest received?
(a) Purchase rental properties.
(b) Put the money under a mattress for a rainy day.
(c) Reinvest it.
(d) Purchase a larger home as a hedge against inflation.

4. What are two tips for reducing transportation expenses?
(a) Walking to do local errands and learning to do basic auto maintenance.
(b) Walking to do local errands and retiring early.
(c) Buying a new car and learning to do basic auto maintenance.
(d) Retiring early and buying a new car.

5. People should have enough savings to cover expenses for how long?
(a) Nine months.
(b) Four months.
(c) Six months.
(d) One year.

6. What should people do as soon as possible?
(a) Find supplemental income.
(b) Retire.
(c) Get out of debt.
(d) Complete the wall chart.

7. How many credit cards should program participants keep?
(a) One, to be used only in emergencies.
(b) None.
(c) One for everyday use and one for emergencies.
(d) One for business use, one for personal use, and one for emergencies.

8. Why do people feel very free when volunteering?
(a) Volunteering can lead to job offers.
(b) Volunteer work is unpaid.
(c) Because they do not have to be there, and can do things their way.
(d) Volunteering requires no skill.

9. What is Step 7?
(a) Reducing clutter.
(b) Increasing life energy.
(c) Maximizing income.
(d) Minimizing debt.

10. The crossover point is based on what?
(a) The wall chart.
(b) Traffic patterns during work commute.
(c) The decision to earn more money.
(d) The transition from an enjoyable job to a well-paying job.

11. What is a major advantage of separating employment from passion?
(a) Jobs that do not inspire passion usually pay more.
(b) Passion won't be used as a substitute for experience.
(c) A greater variety of employment options becomes available.
(d) It is better to remove emotion from gainful employment.

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

13. The wall chart's time span is a rough deadline for what?
(a) Retirement.
(b) Finding a new career.
(c) Achieving financial independence.
(d) Finding a life purpose.

14. What mistake do people often make, when describing their jobs?
(a) Identifying themselves by their careers.
(b) Playing down their true talents.
(c) Saying uncomplimentary things about thier supervisors.
(d) Revealing annual income.

15. What can cause some people to stop buying any extras at all, after starting to use the wall chart?
(a) Shock over actual income.
(b) Shock at their spending habits.
(c) Desire to change thier life purpose.
(d) Running out of room on the wall chart.

Short Answer Questions

1. What encourages family, friends, and neighbors to support the participant's goals in following this program?

2. Where do the authors recommend finding job-hunting advice?

3. How do most people define work?

4. What may reaching the crossover point cause participants to do?

5. A person's crossover point is an estimate based on which type of expenses?

(see the answer keys)

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