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

Multiple Choice Questions

1. What is a major advantage of separating employment from passion?
(a) Passion won't be used as a substitute for experience.
(b) A greater variety of employment options becomes available.
(c) It is better to remove emotion from gainful employment.
(d) Jobs that do not inspire passion usually pay more.

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

3. How does eating a proper diet make sense financially?
(a) Losing weight means no money spent on gym memberships.
(b) Eating three meals a day saves money.
(c) Eating less saves money.
(d) Eating good foods can prevent illnesses and reduce medical costs.

4. What should people do as soon as possible?
(a) Get out of debt.
(b) Complete the wall chart.
(c) Retire.
(d) Find supplemental income.

5. If people stop buying any extras at all, what are they in danger of doing?
(a) Running out of room on the wall chart.
(b) Returning to their old habits.
(c) Buying twice as much the following month.
(d) Losing life energy.

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

7. What is the main pitfall of combining work with true passion or enjoyment?
(a) Having to compromise in order to satisfy someone else.
(b) Enjoyment goes against the puritan work ethic.
(c) Enjoyable jobs don't command respect.
(d) Passion doesn't always make up for lack of talent.

8. What should a participant plot on their wall chart each month?
(a) All purchases.
(b) Hours worked.
(c) Life energy spent.
(d) Income and expenses.

9. What is the true definition of work?
(a) Anything that is not enjoyable.
(b) Full-time employment.
(c) It varies depending on who is defining it.
(d) Life energy spent.

10. How should people handle unusual extra expenses?
(a) Obtain a designated credit card.
(b) Try to obtain a higher-paying job.
(c) Obtain a home equity loan.
(d) Pay with cash or try to spread the expense out over several months.

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

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

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

14. What is Step 7?
(a) Increasing life energy.
(b) Minimizing debt.
(c) Maximizing income.
(d) Reducing clutter.

15. What is one sure way to save money?
(a) Stop trying to impress other people.
(b) Find alternative housing.
(c) Find a higher-paying job.
(d) Retire early.

Short Answer Questions

1. What is one difference a frugal person should consider when choosing between two similar vehicles?

2. What is Step 6?

3. Monthly investment income is calculated by determining current excess money each month, then doing what?

4. What is the recommended size of the wall chart?

5. What should participants do if they don't make a living from their passion?

(see the answer keys)

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