|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 should frugal people research before purchasing items?
2. Most of the 101 SURE WAYS TO SAVE MONEY have what added benefit?
3. When can program participants consider retirement?
4. How does the realization that not all work is paid add life to retirement?
5. How do most people define work?
Short Essay Questions
1. What is the difference between the word "frugal" and the Spanish word "aprovechar?" Which do the authors prefer?
2. What are 1,001 SURE WAYS TO SAVE MONEY?
3. What is ONE SURE WAY TO SAVE MONEY?
4. What is a "cushion?" What are the advantages of having a cushion?
5. What job-hunting advice is included in the book?
6. What do many people try to get from other jobs, other than a paycheck?
7. Summarize the 10 SURE WAYS TO SAVE MONEY.
8. How do peoples' words cause them to identify themselves personally with their jobs? Why is this a problem?
9. What will participants inevitably end up doing if they strive to maximize income and minimize expenses? As a result, what should they do next?
10. Why should the wall chart be displayed where participants can view it easily?
Write an essay for ONE of the following topics:
Essay Topic 1
At what point do the authors ask program participants to invest money in order to earn investment income? How should investment income be tracked? How should it be used to lead to financial security or fulfillment?
Essay Topic 2
As expressed by the authors in Chapter 9, what impact would their financial program have on culture, living conditions, the environment, and the economy, if most people followed it? Describe their predictions in detail, referring also to their descriptions in Chapter 1 of ways in which most Americans' current lifestyle is harmful to our culture, living conditions, the environment, and the economy.
Essay Topic 3
Expand upon the authors' comparison between budgeting and dieting. Why are honest record-keeping and frugality better tools for managing finances than a budget? What terms would parallel record keeping and frugality, in terms of managing food intake?
This section contains 883 words
(approx. 3 pages at 300 words per page)