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

2. What determines mastery of Step 3?
(a) When income exceeds spending.
(b) When life energy equals net worth.
(c) When gross income has been determined.
(d) When the actual money left at the end of the month equals the amount shown by recordkeeping.

3. How many perspectives of money are there?
(a) Four.
(b) One for each person.
(c) Six.
(d) An infinite number.

4. What do most people claim to value more than money?
(a) Their health.
(b) Their jobs.
(c) Their lives.
(d) Their talents.

5. 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 avoid purchases that are worn only once.
(c) To allow for a greater volume of work-related purchases.
(d) To encourage participation in sports.

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

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

8. For Question 1, what should be written in the chart if just enough was spent on an item?
(a) A plus.
(b) A check.
(c) A zero.
(d) A minus.

9. What three columns should record-keeping include?
(a) Gross income, life energy spent, and expenses to eliminate.
(b) Income, expenditures, and hours of life energy spent.
(c) Necessities, luxuries, and expenses to eliminate.
(d) Salary, gifts, and prizes.

10. What is an important aspect of the second half of Step 2?
(a) Saving life energy.
(b) Saving as much money as possible.
(c) Tracking net worth.
(d) Not feeling shame or blame.

11. What is the first half of Step 2?
(a) Not feeling shame or blame.
(b) Determine net worth.
(c) Determine real hours worked.
(d) Determine real hourly wage.

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

13. What two addictions are compared in Chapter 3?
(a) Gambling and shopping.
(b) Alcoholism and smoking.
(c) Overeating and overspending.
(d) Overspending and gambling.

14. What is a possible advantage of switching to a lower-paying job?
(a) More time available for continuing education.
(b) Less life energy spent equals a longer lifespan.
(c) Ultimately earning more for each hour of life energy spent.
(d) Less money available to spend.

15. Some people reach the top of their profession and make good money, yet are still not what?
(a) Happy.
(b) Wealthy.
(c) Married.
(d) Secure.

Short Answer Questions

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

2. What is the state of having enough to spend in order to purchase just enough?

3. What can help people determine what they value?

4. Why are vacations considered to be a work expense?

5. What items are included in everything owned?

(see the answer keys)

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