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

Multiple Choice Questions

1. Where do most products we purchase end up?
(a) In garage sales.
(b) Overseas.
(c) In landfills.
(d) Passed on to the next generation.

2. What must people do in order to make Step 3 work?
(a) Reduce spending.
(b) Work fewer hours.
(c) Be as truthful as possible.
(d) Work more hours.

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

4. Which perspective of money should readers embrace?
(a) A personal perspective.
(b) Life energy.
(c) Personal responsibility and transformation.
(d) Hedges against inflation.

5. What is the final part of Step 3?
(a) Choosing expenses to eliminate.
(b) Determining net worth.
(c) Figuring out how much life energy remains.
(d) Figuring out how much life energy went into each expenditure.

Short Answer Questions

1. What are piggy banks and cookie jars examples of?

2. How is net worth determined?

3. Which perspective is feeling connected to a certain social class part of?

4. What are "gazingus pins?"

5. What are comforts, as defined in Chapter 1?

Short Essay Questions

1. Whenever people spend money, what more valuable commodity are they also spending?

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

3. For Step 4, what is the first question program participants should ask, regarding every expense on their chart? How does the chart answer the question?

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

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

6. How does our consumption hurt the environment?

7. What are the three perspectives of money the authors ask program participants to reject? Include brief descriptions.

8. What happens when businesses operate according to the theory that "growth is good?"

9. What is the first part of Step 3?

10. How do the authors compare budgeting with dieting?

(see the answer keys)

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