View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. Some people reach the top of their profession and make good money, yet are still not what?
(a) Wealthy.
(b) Secure.
(c) Married.
(d) Happy.

2. What is budgeting similar to?
(a) Mathematics.
(b) Dieting.
(c) Filing taxes.
(d) Reducing income.

3. What is the intrinsic value of money?
(a) Emotional and psychological.
(b) Real hourly wage.
(c) Money has no intrinsic value.
(d) Physical.

4. How often should people total their income and expenses?
(a) Once a week.
(b) Whenever a paycheck is deposited.
(c) Daily.
(d) Once a month.

5. Question 3 asks participants to consider what it would be like to do what?
(a) Find a life mission.
(b) Eliminate debt.
(c) Retire.
(d) Conserve life energy.

Short Answer Questions

1. What is an important aspect of the second half of Step 2?

2. What do advertisements teach Americans?

3. Which of the following does the cultural perspective of money include?

4. What allows people to enjoy their planet, community, and spirituality more than ever before?

5. What is the key to good spending habits?

Short Essay Questions

1. What are the three perspectives of money the authors ask program participants to reject? Include brief descriptions.

2. For Step 4, what is the third question program participants should ask, regarding every expense on their chart? What does this question prompt people to do?

3. What happens when businesses operate according to the theory that "growth is good?"

4. How do the authors compare budgeting with dieting?

5. What should program participants do about their smaller, sometimes overlooked miscellaneous expenses?

6. Why do many people give up on their dreams early in life?

7. Whenever people spend money, what more valuable commodity are they also spending?

8. For Step 4, what is the second question program participants should ask, regarding every expense on their chart? What is required, before answering this question?

9. What is the first part of Step 1? What is its purpose?

10. What perspective of money do the authors endorse? Why?

(see the answer keys)

This section contains 720 words (approx. 3 pages at 300 words per page) View a FREE sample