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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What are "gazingus pins?"
(a) Pins to attach to a spending chart to indicate unnecessary expenses.
(b) Any items the reader has an unreasonable amount of, due to habitual shopping.
(c) Larger-than-standard pins.
(d) Clips to attach spending charts to refrigerators or bulletin boards.

2. What is the purpose of dividing income and expenses into categories?
(a) To determine if enough money will be available for retirement.
(b) To judge whether expenses are worth the life energy spent.
(c) To determine net worth.
(d) To decide if a career change is warranted.

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

4. What does Question 1 help people figure out?
(a) How to choose a new career.
(b) How they could increase or decrease spending to feel more fulfilled.
(c) How to eliminate debt.
(d) How to increase income.

5. The charts shown in the book for single people and couples are meant to be used how?
(a) As a family budget.
(b) As tax records.
(c) As strict guides.
(d) As inspiration.

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

7. What causes emptiness?
(a) After buying a new item, the temporary happiness fades.
(b) Spending too much time on leisure activities.
(c) After spending time with family, the temporary happiness fades.
(d) Losing a job.

8. People strive to buy and earn more than they need to live at the peak of their fulfillment curve due to which perspective of money?
(a) Cultural.
(b) Emotional and psychological.
(c) Greed.
(d) Intrinsic value.

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

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

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

12. 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) Choosing expenses to eliminate.
(d) Determining net worth.

13. Which perspective is the notion of "keeping up with the neighbors" part of?
(a) Step 2.
(b) Personal responsibility and transformation.
(c) Emotional and psychological.
(d) Inflation.

14. Why should clothing be broken down into smaller categories, such as informal, work, sports, etc.?
(a) To encourage donations of older clothes to charity.
(b) To allow for a greater volume of work-related purchases.
(c) To avoid purchases that are worn only once.
(d) To encourage participation in sports.

15. People should spend only until they are fulfilled, just as they should do what?
(a) Eat only until they are full.
(b) Gamble within a preset limit.
(c) Drink in moderation.
(d) Work only until they feel fulfilled.

Short Answer Questions

1. How many perspectives of money are there?

2. In Question 2, what must participants ask if each expenditure is in alignment with?

3. According to many Americans, what is considered a sin?

4. Why should people not budget their money?

5. Which of the following does the cultural perspective of money include?

(see the answer keys)

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