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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8.

Multiple Choice Questions

1. What is the main pitfall of combining work with true passion or enjoyment?
(a) Having to compromise in order to satisfy someone else.
(b) Enjoyment goes against the puritan work ethic.
(c) Enjoyable jobs don't command respect.
(d) Passion doesn't always make up for lack of talent.

2. What is the key to good spending habits?
(a) Full compulsion.
(b) Full consciousness.
(c) Full complacency.
(d) Full contentment.

3. How should people handle unusual extra expenses?
(a) Pay with cash or try to spread the expense out over several months.
(b) Obtain a designated credit card.
(c) Obtain a home equity loan.
(d) Try to obtain a higher-paying job.

4. Earning, saving, and spending money are part of which perspective?
(a) Life energy.
(b) Physical.
(c) Inflation.
(d) Emotional and psychological.

5. What is the crossover point?
(a) When the amount of investment income is lower than normal monthly expenses.
(b) When the amount of total income is as high as normal monthly expenses.
(c) When the amount of investment income is as high as normal monthly expenses.
(d) When the amount of total income is lower than normal monthly expenses.

Short Answer Questions

1. What are bare necessities, as defined in Chapter 1?

2. What does Chapter 4 help people to figure out?

3. What is an important aspect of the second half of Step 2?

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

5. How many perspectives of money are there?

(see the answer key)

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