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

2. What percentage of useful life objects could people add if they were not so anxious to replace them?
(a) Ten percent.
(b) Fifty to eighty percent.
(c) Twenty to fifty percent.
(d) One hundred percent.

3. What usually happens after a person retires from their job?
(a) Expenses go down.
(b) Income goes up.
(c) Expenses and income stay about the same.
(d) Expenses go up.

4. If "work" is different from "paid employment," then which of the following is true?
(a) Retirement is the absence of work.
(b) Volunteer jobs are not work.
(c) Cleaning is only work when it's done by a paid professional.
(d) Work includes anything people do to provide a service, including cleaning the house.

5. What encourages family, friends, and neighbors to support the participant's goals in following this program?
(a) Making wall charts for them to use.
(b) Placing the wall chart in a public place.
(c) Asking them for a loan.
(d) Making retirement plans with them.

Short Answer Questions

1. Statistically, how many Americans are overweight?

2. Being financially independent requires what?

3. A person's crossover point is an estimate based on which type of expenses?

4. What can cause some people to stop buying any extras at all, after starting to use the wall chart?

5. What should frugal people research before purchasing items?

Short Essay Questions

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

2. What is a "cushion?" What are the advantages of having a cushion?

3. What job-hunting advice is included in the book?

4. Summarize the 10 SURE WAYS TO SAVE MONEY.

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

6. What is ONE SURE WAY TO SAVE MONEY?

7. Why should the wall chart be displayed where participants can view it easily?

8. What happens for most people, after using the wall chart for a while?

9. Why is it unwise to seek employment in an area involving a person's passion?

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

(see the answer keys)

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