|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. What is the best thing to do with the interest received?
2. What is the most important strategy in following Step 7?
3. What encourages family, friends, and neighbors to support the participant's goals in following this program?
4. When can program participants consider retirement?
5. What should frugal people research before purchasing items?
Short Essay Questions
1. What are a person's options, once he reaches his crossover point?
2. What are 1,001 SURE WAYS TO SAVE MONEY?
3. What job-hunting advice is included in the book?
4. What do many people try to get from other jobs, other than a paycheck?
5. What are the advantages of predicting when the crossover point will occur?
6. How far away from homelessness are most Americans?
7. What is a "cushion?" What are the advantages of having a cushion?
8. What span of time should the wall chart cover? Why?
9. How do peoples' words cause them to identify themselves personally with their jobs? Why is this a problem?
10. Describe the nature of 101 SURE WAYS TO SAVE MONEY.
Write an essay for ONE of the following topics:
Essay Topic 1
Discuss the psychological impact of the financial wall chart. Consider the implications involved with displaying the chart where all visitors can see it, the burden of tracking every penny earned or spent, the urgency or lack of urgency created by a five- to seven-year time frame, and emotional responses to acknowledging past spending habits.
Essay Topic 2
What does a person's financial independence have to do with their life purpose? Does fulfillment come from financial independence or from attending to a life purpose? How do the authors' three questions, listed in Chapter 4, help participants to achieve financial independence and connect with their life purpose?
Essay Topic 3
Define the crossover point and its relationship to retirement. Why is the crossover point central to this financial program? What options are available to a person once they reach their crossover point?
This section contains 813 words
(approx. 3 pages at 300 words per page)