View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. What is the real amount of life energy?
(a) Number of hours worked minus number of hours at leisure.
(b) The real number of hours of life used to make purchases.
(c) Total energy spent per week.
(d) The number of years remaining in an average lifetime.

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

3. What is Question 3?
(a) Is income greater than expenses for the month?
(b) What are my dreams?
(c) In how many years will I be able to retire?
(d) How might this expenditure change if I did not have to work for a living?

4. What attitude do the authors want readers to carry?
(a) No guts, no glory.
(b) No pain, no gain.
(c) No shame, no blame.
(d) No harm, no foul.

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

Short Answer Questions

1. What does Question 1 help people figure out?

2. What is the second half of Step 2?

3. What causes people to believe that "growth is good" and "more is better?"

4. Why do many people give up time with family, working on hobbies, and fulfilling dreams?

5. What is the intrinsic value of money?

Short Essay Questions

1. Why do many people give up on their dreams early in life?

2. What is the second half of Step 2? What are the most important aspects of this exercise?

3. What is the final part of Step 3? How is this accomplished?

4. What should program participants do about their smaller, sometimes overlooked miscellaneous expenses?

5. Why is it beneficial to be specific with categories, rather than more general?

6. Compare a person's typical response to a long-term threat with the typical response to an immediate threat.

7. For Step 4, what is the second question program participants should ask, regarding every expense on their chart? What is required, before answering this question?

8. How does our consumption hurt the environment?

9. What perspective of money do the authors endorse? Why?

10. What is the first part of Step 1? What is its purpose?

(see the answer keys)

This section contains 804 words (approx. 3 pages at 300 words per page) View a FREE sample