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

Multiple Choice Questions

1. What is a possible advantage of switching to a lower-paying job?
(a) Ultimately earning more for each hour of life energy spent.
(b) Less life energy spent equals a longer lifespan.
(c) More time available for continuing education.
(d) Less money available to spend.

2. What might cause readers to feel guilty, after completing Step 1?
(a) Seeing their credit score.
(b) Seeing how much they owe or how little they have earned.
(c) Spending too much time with family.
(d) Feeling less successful than their work colleagues.

3. On average, what do Americans have less of than ever before?
(a) Savings.
(b) Education.
(c) Debt.
(d) Children.

4. Question 1 is answered with a plus sign under what circumstance?
(a) If income is greater than expenses for the month.
(b) If the purchase was work-related.
(c) If the expenditure was a necessity.
(d) If the expenditure was worth the life energy spent.

5. How is a real hourly wage figured?
(a) Divide real hours worked by work expenses.
(b) Divide real pay by real hours worked.
(c) Divide real hours worked by real pay.
(d) Divide real pay by actual hours worked.

Short Answer Questions

1. What determines mastery of Step 3?

2. What is the key to good spending habits?

3. In Question 1, for each expense, participants must ask if they received fulfillment, satisfaction, and value in proportion to what?

4. What is the term for the unnecessary things, activities, and noise in our lives?

5. What do most people claim to value more than money?

Short Essay Questions

1. What is the second part of Step 1? What attitude should participants try to maintain when they see their result?

2. What is the first part of Step 3?

3. What are some of the not-so-obvious expenses related to a person's work?

4. How do the authors compare budgeting with dieting?

5. What is the second half of Step 2? What are the most important aspects of this exercise?

6. What do the two parts of Step 2 allow program participants to track?

7. What are some problems associated with "business as usual?"

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

9. 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?

10. Why does the result from the first part of Step 2 sometimes prompt participants to seek a lower-paying job?

(see the answer keys)

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