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

Multiple Choice Questions

1. What is the meaning of the Spanish word, "aprovechar?"
(a) To approve of all spending choices.
(b) To get full use or full enjoyment out of something.
(c) Achieving early retirement.
(d) Having a successful career.

2. A line should be drawn connecting the current month's income to what?
(a) The previous month's income.
(b) The previous year's income.
(c) The current month's expenses.
(d) The previous month's expenses.

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

4. Prestige, status, and power can be reasons for what?
(a) Retaining life energy.
(b) Early retirement.
(c) Choosing a certain job.
(d) Keeping up with the neighbors.

5. What may reaching the crossover point cause participants to do?
(a) Start a new wall chart.
(b) Increase spending.
(c) Continue working or choose a new job.
(d) Explore other routes to work.

6. The top number on the y-axis should be at least how large?
(a) Three times as large as the participant's expected income.
(b) Twice as large as the participant's expected income.
(c) Twice as large as the participant's expected expenses.
(d) Equal to the participant's expected income.

7. What generally happens to monthly expenses, when tracked by program participants?
(a) They trend up or down along with income.
(b) They gradually decrease.
(c) They gradually increase.
(d) They settle into a certain range.

8. What do the authors describe as "having a high joy-to-stuff ratio?"
(a) Success.
(b) Being frugal.
(c) Life energy.
(d) Retirement.

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

10. What should be repeatedly placed along the x-axis of the wall chart?
(a) M T W T F S S.
(b) 1 2 3 4 5 6 7 8 9 10 11 12.
(c) 1 2 3 4 5 6 7.
(d) J F M A M J J A S O N D.

11. How do most people define work?
(a) Full-time employment.
(b) Anything that is not enjoyable.
(c) What they do to make a living.
(d) Life energy spent.

12. Most of the 101 SURE WAYS TO SAVE MONEY have what added benefit?
(a) They improve career options.
(b) They increase hourly wage.
(c) They delay retirement.
(d) They are good for the planet.

13. Statistically, how many Americans are overweight?
(a) Half.
(b) Three-fourths.
(c) One-third.
(d) Two-thirds.

14. What is the main purpose of the wall chart?
(a) To define commitment to the program.
(b) Keep finances on the person's mind, to help them make more conscious choices when spending money.
(c) To define values and purpose.
(d) To replace the monthly chart created previously.

15. The crossover point is based on what?
(a) The decision to earn more money.
(b) Traffic patterns during work commute.
(c) The transition from an enjoyable job to a well-paying job.
(d) The wall chart.

Short Answer Questions

1. The wall chart's time span is a rough deadline for what?

2. What is a major advantage of separating employment from passion?

3. How should investment income be tracked?

4. In the 101 SURE WAYS TO SAVE MONEY section, what do the authors advise people to do in order to save on housing?

5. What encourages family, friends, and neighbors to support the participant's goals in following this program?

(see the answer keys)

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