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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 can cause some people to stop buying any extras at all, after starting to use the wall chart?
(a) Shock over actual income.
(b) Running out of room on the wall chart.
(c) Shock at their spending habits.
(d) Desire to change thier life purpose.
2. The numbers along the y-axis should increase by what increment?
(a) 1 or 2.
(b) 1,000 or 2,000.
(c) 100 or 200.
(d) 10 or 20.
3. What is the best method of choosing which expenses to reduce or eliminate?
(a) Use answers to the three questions from Chapter 4.
(b) Compare income to expenses on the wall chart.
(c) Add up the plusses and minuses on the monthly chart.
(d) Use answers to the three questions from Chapter 3.
4. If people stop buying any extras at all, what are they in danger of doing?
(a) Losing life energy.
(b) Running out of room on the wall chart.
(c) Buying twice as much the following month.
(d) Returning to their old habits.
5. The wall chart's time span is a rough deadline for what?
(a) Finding a life purpose.
(b) Achieving financial independence.
(c) Finding a new career.
(d) Retirement.
Short Answer Questions
1. How should investment income be tracked?
2. Where do the authors recommend finding job-hunting advice?
3. Most of the 101 SURE WAYS TO SAVE MONEY have what added benefit?
4. If people earn more than the minimum needed to pay bills, what should they do with the extra money?
5. The wall chart should accommodate data for how long?
Short Essay Questions
1. Describe the process of creating the wall chart.
2. What happens for most people, after using the wall chart for a while?
3. What are the advantages of predicting when the crossover point will occur?
4. Summarize the 10 SURE WAYS TO SAVE MONEY.
5. What is ONE SURE WAY TO SAVE MONEY?
6. Why are most people happier when their jobs are not related to their passions?
7. How should investment income be tracked on the wall chart? What is the significance of this number?
8. What is a "cushion?" What are the advantages of having a cushion?
9. How is Step 8 completed? What does it allow program participants to do?
10. What are a person's options, once he reaches his crossover point?
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This section contains 974 words (approx. 4 pages at 300 words per page) |
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