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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 9.

Multiple Choice Questions

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

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

3. What might cause readers to feel guilty, after completing Step 1?
(a) Feeling less successful than their work colleagues.
(b) Seeing how much they owe or how little they have earned.
(c) Spending too much time with family.
(d) Seeing their credit score.

4. What is the crossover point?
(a) When the amount of total income is lower than normal monthly expenses.
(b) When the amount of investment income is as high as normal monthly expenses.
(c) When the amount of investment income is lower than normal monthly expenses.
(d) When the amount of total income is as high as normal monthly expenses.

5. What are 1,001 SURE WAYS TO SAVE MONEY?
(a) A list of contacts for business networking.
(b) A list of strategies to achieve early retirement.
(c) Participants should look at their own expense lists and make their own list of ways to save.
(d) A list of coupon resources.

Short Answer Questions

1. What is the true definition of work?

2. What is the main purpose of the wall chart?

3. The numbers along the y-axis should increase by what increment?

4. What will eventually run out?

5. How is net worth determined?

(see the answer key)

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