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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6.

Multiple Choice Questions

1. What are two tips for reducing transportation expenses?
(a) Walking to do local errands and learning to do basic auto maintenance.
(b) Walking to do local errands and retiring early.
(c) Buying a new car and learning to do basic auto maintenance.
(d) Retiring early and buying a new car.

2. What is the term for the unnecessary things, activities, and noise in our lives?
(a) Comforts.
(b) Security.
(c) Luxuries.
(d) Clutter.

3. Question 3 asks participants to consider what it would be like to do what?
(a) Retire.
(b) Find a life mission.
(c) Eliminate debt.
(d) Conserve life energy.

4. Each person has only a limited amount of what?
(a) Money.
(b) Life energy.
(c) Emotional energy.
(d) Intrinsic value.

5. Statistically, how many Americans are overweight?
(a) Three-fourths.
(b) Two-thirds.
(c) Half.
(d) One-third.

Short Answer Questions

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

2. Why should readers not use premade categories from other budget books?

3. Where do most products we purchase end up?

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

5. What does Question 2 help people to figure out?

(see the answer key)

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