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

Multiple Choice Questions

1. What should people do about unusual extra expenses, such as medical bills or birthday parties?
(a) Avoid them whenever possible.
(b) Categorize them as "gazingus pins."
(c) Accept them as a normal part of financial life.
(d) Create an extra chart to track them.

2. Prestige, status, and power can be reasons for what?
(a) Choosing a certain job.
(b) Keeping up with the neighbors.
(c) Retaining life energy.
(d) Early retirement.

3. What are "gazingus pins?"
(a) Clips to attach spending charts to refrigerators or bulletin boards.
(b) Pins to attach to a spending chart to indicate unnecessary expenses.
(c) Larger-than-standard pins.
(d) Any items the reader has an unreasonable amount of, due to habitual shopping.

4. Participants should always remain conscious of what?
(a) Life energy.
(b) All the job opportunities around them.
(c) Impending retirement.
(d) Inflation.

5. If people stop buying any extras at all, what are they in danger of doing?
(a) Buying twice as much the following month.
(b) Returning to their old habits.
(c) Losing life energy.
(d) Running out of room on the wall chart.

Short Answer Questions

1. Being financially independent requires what?

2. What do the authors suggest that people divide their spending into?

3. Why should readers not use premade categories from other budget books?

4. If people earn more than the minimum needed to pay bills, what should they do with the extra money?

5. What two addictions are compared in Chapter 3?

(see the answer key)

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