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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4.

Multiple Choice Questions

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

2. What does Chapter 4 help people to figure out?
(a) How to increase income.
(b) How to reduce expenses.
(c) How to save life energy.
(d) What is fulfilling for them.

3. What do the authors suggest that people divide their spending into?
(a) Categories determined by life energy.
(b) Three columns.
(c) Categories defined in Chapter 3.
(d) Categories that make sense for them.

4. How is net worth determined?
(a) Add together everything owned, then subtract everything owed.
(b) All items purchased during a lifetime.
(c) Multiply monthly income by 12.
(d) Estimated current sale price of all items currently owned, plus other assets such as cash and investments.

5. Which perspective is feeling connected to a certain social class part of?
(a) Cultural.
(b) Life energy.
(c) Emotional and psychological.
(d) Personal responsibility and transformation.

Short Answer Questions

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

2. Why should people ask themselves how they can help others to avoid pain they have experienced?

3. What can help people determine what they value?

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

5. Which perspective is the notion of "keeping up with the neighbors" part of?

(see the answer key)

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