View a FREE sample

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

Multiple Choice Questions

1. What should retired people do with their excess monthly income?
(a) Determing a new crossover point.
(b) Help other family members reach the crossover point.
(c) Reinvest it or use it to do new projects.
(d) Use it to buy life energy.

2. What allows people to enjoy their planet, community, and spirituality more than ever before?
(a) Taking more vacations.
(b) Being green.
(c) Living frugally.
(d) Retirement.

3. What is the state of having enough to spend in order to purchase just enough?
(a) The peak of the fulfillment curve.
(b) The peak of the success spectrum.
(c) The middle of the success spectrum.
(d) The bottom of the fulfillment curve.

4. What is one difference a frugal person should consider when choosing between two similar vehicles?
(a) Available options.
(b) Foreign-made vs. American-made.
(c) Prestige.
(d) Resale values.

5. What is budgeting similar to?
(a) Dieting.
(b) Filing taxes.
(c) Mathematics.
(d) Reducing income.

Short Answer Questions

1. Why are vacations considered to be a work expense?

2. What two addictions are compared in Chapter 3?

3. How often should people total their income and expenses?

4. What is the intrinsic value of money?

5. What is the crossover point?

(see the answer key)

This section contains 283 words (approx. 1 page at 300 words per page) View a FREE sample