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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. What is the best thing to do with the interest received?
(a) Reinvest it.
(b) Purchase rental properties.
(c) Purchase a larger home as a hedge against inflation.
(d) Put the money under a mattress for a rainy day.

2. How many credit cards should program participants keep?
(a) None.
(b) One for business use, one for personal use, and one for emergencies.
(c) One for everyday use and one for emergencies.
(d) One, to be used only in emergencies.

3. Why do people feel very free when volunteering?
(a) Volunteering can lead to job offers.
(b) Volunteer work is unpaid.
(c) Volunteering requires no skill.
(d) Because they do not have to be there, and can do things their way.

4. Where should monthly investment income be tracked?
(a) On a new chart.
(b) On the income and expense charts created in Chapters 2 and 3.
(c) On reports from investment brokers.
(d) On the wall chart.

5. Participants will end up making more money than they spend if they do what?
(a) Conserve life energy.
(b) Retire early.
(c) Follow the philosophy of "no shame, no blame."
(d) Maximize income and minimize expenses.

Short Answer Questions

1. What is the crossover point?

2. The wall chart should accommodate data for how long?

3. What are some good alternatives to buying what is needed?

4. Where do the authors recommend finding job-hunting advice?

5. What percentage of useful life objects could people add if they were not so anxious to replace them?

Short Essay Questions

1. Describe the nature of 101 SURE WAYS TO SAVE MONEY.

2. Summarize the 10 SURE WAYS TO SAVE MONEY.

3. What are 1,001 SURE WAYS TO SAVE MONEY?

4. What will participants inevitably end up doing if they strive to maximize income and minimize expenses? As a result, what should they do next?

5. What is ONE SURE WAY TO SAVE MONEY?

6. What is the difference between the word "frugal" and the Spanish word "aprovechar?" Which do the authors prefer?

7. Why are most people happier when their jobs are not related to their passions?

8. What are 1,000,001 SURE WAYS TO SAVE MONEY?

9. How far away from homelessness are most Americans?

10. What do many people try to get from other jobs, other than a paycheck?

(see the answer keys)

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