View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7.

Multiple Choice Questions

1. What is the main purpose of the wall chart?
(a) To replace the monthly chart created previously.
(b) To define commitment to the program.
(c) Keep finances on the person's mind, to help them make more conscious choices when spending money.
(d) To define values and purpose.

2. Why should clothing be broken down into smaller categories, such as informal, work, sports, etc.?
(a) To allow for a greater volume of work-related purchases.
(b) To encourage donations of older clothes to charity.
(c) To encourage participation in sports.
(d) To avoid purchases that are worn only once.

3. If "work" is different from "paid employment," then which of the following is true?
(a) Work includes anything people do to provide a service, including cleaning the house.
(b) Volunteer jobs are not work.
(c) Cleaning is only work when it's done by a paid professional.
(d) Retirement is the absence of work.

4. What should a participant plot on their wall chart each month?
(a) Income and expenses.
(b) All purchases.
(c) Life energy spent.
(d) Hours worked.

5. How does the realization that not all work is paid add life to retirement?
(a) Retired people know they can still be useful.
(b) Retired people are happy because they no longer work.
(c) People who do not work after retirement have fewer health problems.
(d) People who do not work after retirement live longer.

Short Answer Questions

1. What should participants do if they don't make a living from their passion?

2. How should people reduce spending?

3. Why are small, specific categories recommended over traditional, broad categories?

4. The top number on the y-axis should be at least how large?

5. People should spend only until they are fulfilled, just as they should do what?

(see the answer key)

This section contains 394 words (approx. 2 pages at 300 words per page) View a FREE sample