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

Multiple Choice Questions

1. What is the final part of Step 3?
(a) Figuring out how much life energy went into each expenditure.
(b) Figuring out how much life energy remains.
(c) Determining net worth.
(d) Choosing expenses to eliminate.

2. In the 101 SURE WAYS TO SAVE MONEY section, what do the authors advise people to do in order to save on housing?
(a) Buy and manage multiple rental properties.
(b) Buy a larger home as a hedge against inflation.
(c) Avoid non-traditional housing.
(d) Consider non-traditional housing.

3. Under which category does money paid to employ servants and service workers fall?
(a) Keeping up with the neighbors.
(b) Work-related expense.
(c) More is better.
(d) Cultural.

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

5. What does the amount spent divided by real hourly wage equal?
(a) Total allowable expenses.
(b) The real amount of life energy spent.
(c) Net worth.
(d) Money saved at the end of the month.

Short Answer Questions

1. What can help people determine what they value?

2. What should be included in the "miscellaneous" category?

3. What should participants do if the answer to Question 2 is "no" for a particular item?

4. What is the first half of Step 2?

5. What should be repeatedly placed along the x-axis of the wall chart?

(see the answer key)

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