|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Taking care of possessions and avoiding shopping are part of which list?
2. Prestige, status, and power can be reasons for what?
3. What is Step 8 of the program?
4. What usually happens after a person retires from their job?
5. Being financially independent requires what?
Short Essay Questions
1. What are the advantages of predicting when the crossover point will occur?
2. Describe the process of creating the wall chart.
3. What happens for most people, after using the wall chart for a while?
4. Describe the nature of 101 SURE WAYS TO SAVE MONEY.
5. What do many people try to get from other jobs, other than a paycheck?
6. What is ONE SURE WAY TO SAVE MONEY?
7. How should investment income be tracked on the wall chart? What is the significance of this number?
8. What are a person's options, once he reaches his crossover point?
9. How is Step 8 completed? What does it allow program participants to do?
10. What is a "cushion?" What are the advantages of having a cushion?
Write an essay for ONE of the following topics:
Essay Topic 1
After determining how much money they have ever made and after determining net worth, why do some program participants feel guilty? What advice do the authors offer, for overcoming this guilt? List at least three ways in which success in the financial program would offset guilt.
Essay Topic 2
If program participants genuinely have no sense of their own passion or life purpose, what advice do the authors offer as paths to insight? How can people be of service, meanwhile, if they have not yet determined their life purpose?
Essay Topic 3
Why should people try their best to get out of debt, when credit cards are readily available? Why should people save a six-month cushion? What is the real meaning of financial independence?
This section contains 886 words
(approx. 3 pages at 300 words per page)