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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. Most of the 101 SURE WAYS TO SAVE MONEY have what added benefit?
(a) They are good for the planet.
(b) They increase hourly wage.
(c) They delay retirement.
(d) They improve career options.

2. What should be repeatedly placed along the x-axis of the wall chart?
(a) J F M A M J J A S O N D.
(b) M T W T F S S.
(c) 1 2 3 4 5 6 7 8 9 10 11 12.
(d) 1 2 3 4 5 6 7.

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

4. What is Step 8 of the program?
(a) Track investment income.
(b) Further reduce monthly expenses.
(c) Retire.
(d) Estimate when the crossover point will take place.

5. What should retired people do with their excess monthly income?
(a) Use it to buy life energy.
(b) Determing a new crossover point.
(c) Help other family members reach the crossover point.
(d) Reinvest it or use it to do new projects.

Short Answer Questions

1. What should people do with their extra money, once they earn more per month than they spend?

2. A line should be drawn connecting the current month's income to what?

3. If "work" is different from "paid employment," then which of the following is true?

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

5. What are 1,001 SURE WAYS TO SAVE MONEY?

Short Essay Questions

1. What is a "cushion?" What are the advantages of having a cushion?

2. Describe the process of creating the wall chart.

3. Why is it unwise to seek employment in an area involving a person's passion?

4. How is Step 8 completed? What does it allow program participants to do?

5. What are the advantages of predicting when the crossover point will occur?

6. What happens for most people, after using the wall chart for a while?

7. Why should the wall chart be displayed where participants can view it easily?

8. What job-hunting advice is included in the book?

9. Describe the nature of 101 SURE WAYS TO SAVE MONEY.

10. What is the difference between the word "frugal" and the Spanish word "aprovechar?" Which do the authors prefer?

(see the answer keys)

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