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

Multiple Choice Questions

1. What is the intrinsic value of money?
(a) Real hourly wage.
(b) Money has no intrinsic value.
(c) Physical.
(d) Emotional and psychological.

2. What is Step 1, Part 2 of the program?
(a) Determine how much money has been earned so far in a lifetime.
(b) Determine net worth.
(c) Declutter the garage and basement.
(d) List everything owned.

3. What do people earn money by trading?
(a) Job skills.
(b) Excess possessions.
(c) Life energy.
(d) Stocks and bonds.

4. What causes people to believe that "growth is good" and "more is better?"
(a) Fear of inflation, recession, and depression.
(b) Emotional and psychological perspective of money.
(c) Personal responsibility.
(d) Intrinsic value of money.

5. Why are vacations considered to be a work expense?
(a) Most employees take laptops or cell phones on vacation.
(b) They are necessary to relieve work-related stress.
(c) They are required by law.
(d) Only employed individuals can afford vacations.

6. What should participants do if the answer to Question 2 is "no" for a particular item?
(a) Donate the item to charity.
(b) Find a new life purpose.
(c) Either change actions to align with values or change values to align with actions.
(d) Find a new career path.

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

8. Which of the following does the emotional and psychological perspective of money include?
(a) The tendency to spend quickly or cautiously.
(b) Using credit cards.
(c) Personal responsibility.
(d) Fear of unemployment.

9. How is a real hourly wage figured?
(a) Divide real hours worked by real pay.
(b) Divide real pay by real hours worked.
(c) Divide real hours worked by work expenses.
(d) Divide real pay by actual hours worked.

10. For Question 3 under what circumstance would one enter a minus sign on the chart?
(a) If the expense category does not fit with values.
(b) If monthly expenses exceed monthly income.
(c) If the expense category will most likely cease after retirement.
(d) If that expense category will most likely be reduced after retirement.

11. What does the physical perspective of money include?
(a) Personal responsibility and transformation.
(b) Using PIN numbers.
(c) Gold.
(d) Balancing a checkbook.

12. In Question 1, for each expense, participants must ask if they received fulfillment, satisfaction, and value in proportion to what?
(a) Income.
(b) Dollar value.
(c) Spirituality.
(d) Life energy spent.

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

14. What is Step 1, Part 1 of the program?
(a) Determine how much money has been earned so far in a lifetime.
(b) Determine net worth.
(c) List everything owned.
(d) Declutter the garage and basement.

15. What are piggy banks and cookie jars examples of?
(a) Places where a person should never keep money.
(b) Symbols to place next to money-saving items in a monthly chart.
(c) Savings categories.
(d) Items too fragile to hold anything but paper money.

Short Answer Questions

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

2. Attitude toward buying groceries is part of which perspective of money?

3. What broad category are alcohol and tobacco subcategories of?

4. How many perspectives of money are there?

5. What are dreams good clues to?

(see the answer keys)

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