View a FREE sample

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

Multiple Choice Questions

1. What can cause some people to stop buying any extras at all, after starting to use the wall chart?
(a) Desire to change thier life purpose.
(b) Shock over actual income.
(c) Running out of room on the wall chart.
(d) Shock at their spending habits.

2. What is the first half of Step 2?
(a) Determine real hours worked.
(b) Determine net worth.
(c) Determine real hourly wage.
(d) Not feeling shame or blame.

3. What should people do as soon as possible?
(a) Complete the wall chart.
(b) Get out of debt.
(c) Find supplemental income.
(d) Retire.

4. What should be included in the "miscellaneous" category?
(a) Gazingus pins.
(b) Items purchased less than once a month.
(c) Nothing.
(d) Items under $10.

5. For Question 1, what should be written in the chart if just enough was spent on an item?
(a) A check.
(b) A plus.
(c) A minus.
(d) A zero.

Short Answer Questions

1. On average, what do Americans have more of than ever before?

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

3. Which of the following does the emotional and psychological perspective of money include?

4. On average, what do Americans have less of than ever before?

5. The charts shown in the book for single people and couples are meant to be used how?

(see the answer key)

This section contains 261 words (approx. 1 page at 300 words per page) View a FREE sample