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

Multiple Choice Questions

1. What do most people claim to value more than money?
(a) Their health.
(b) Their jobs.
(c) Their lives.
(d) Their talents.

2. What must people do in order to make Step 3 work?
(a) Reduce spending.
(b) Be as truthful as possible.
(c) Work fewer hours.
(d) Work more hours.

3. Being financially independent requires what?
(a) Inheriting a large estate.
(b) Having savings and no debt.
(c) Retirement.
(d) Earning life energy.

4. What is Question 3?
(a) Is income greater than expenses for the month?
(b) What are my dreams?
(c) In how many years will I be able to retire?
(d) How might this expenditure change if I did not have to work for a living?

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

Short Answer Questions

1. What are comforts, as defined in Chapter 1?

2. People should have enough savings to cover expenses for how long?

3. How should people reduce spending?

4. For Question 1, what should be written in the chart if just enough was spent on an item?

5. What have many people been told by parents and guidance counselors?

(see the answer key)

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