|Name: _________________________||Period: ___________________|
This test consists of 15 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. 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) Desire to change thier life purpose.
(c) Running out of room on the wall chart.
(d) Shock at their spending habits.
2. The crossover point is based on what?
(a) The decision to earn more money.
(b) Traffic patterns during work commute.
(c) The transition from an enjoyable job to a well-paying job.
(d) The wall chart.
3. Paying attention to every thought and deciding whether to act on each thought is crucial to what?
(b) Life energy.
(c) 1,000,001 SURE WAYS TO SAVE MONEY.
(d) 1,001 SURE WAYS TO SAVE MONEY.
4. What should people do about unusual extra expenses, such as medical bills or birthday parties?
(a) Categorize them as "gazingus pins."
(b) Create an extra chart to track them.
(c) Avoid them whenever possible.
(d) Accept them as a normal part of financial life.
5. What percentage of useful life objects could people add if they were not so anxious to replace them?
(a) Ten percent.
(b) Twenty to fifty percent.
(c) Fifty to eighty percent.
(d) One hundred percent.
6. Participants will end up making more money than they spend if they do what?
(a) Maximize income and minimize expenses.
(b) Retire early.
(c) Follow the philosophy of "no shame, no blame."
(d) Conserve life energy.
7. The wall chart should accommodate data for how long?
(a) Five to seven months.
(b) Five to seven years.
(c) Until retirement.
(d) Seven to ten years.
8. What is the most important strategy in following Step 7?
(a) Reducing monthly expenses.
(b) Following a passion.
(c) Conserving life energy.
(d) Choosing a job with high pay.
9. What is the main purpose of the wall chart?
(a) To replace the monthly chart created previously.
(b) To define values and purpose.
(c) Keep finances on the person's mind, to help them make more conscious choices when spending money.
(d) To define commitment to the program.
10. The wall chart's time span is a rough deadline for what?
(a) Achieving financial independence.
(b) Finding a new career.
(d) Finding a life purpose.
11. What is the true definition of work?
(a) It varies depending on who is defining it.
(b) Life energy spent.
(c) Anything that is not enjoyable.
(d) Full-time employment.
12. What should people do as soon as possible?
(b) Find supplemental income.
(c) Complete the wall chart.
(d) Get out of debt.
13. What is a major advantage of separating employment from passion?
(a) Passion won't be used as a substitute for experience.
(b) Jobs that do not inspire passion usually pay more.
(c) It is better to remove emotion from gainful employment.
(d) A greater variety of employment options becomes available.
14. What is the main pitfall of combining work with true passion or enjoyment?
(a) Enjoyment goes against the puritan work ethic.
(b) Having to compromise in order to satisfy someone else.
(c) Passion doesn't always make up for lack of talent.
(d) Enjoyable jobs don't command respect.
15. What is one advantage of estimating the likely timing of the crossover point?
(a) People spend less.
(b) People may become more eager about going to work and doing a good job.
(c) People retire early.
(d) People tend to leave their current job for a more enjoyable one.
Short Answer Questions
1. What mistake do people often make, when describing their jobs?
2. Where do the authors recommend finding job-hunting advice?
3. What generally happens to monthly expenses, when tracked by program participants?
4. What are two tips for reducing transportation expenses?
5. What is the meaning of the Spanish word, "aprovechar?"
This section contains 659 words
(approx. 3 pages at 300 words per page)