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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. Participants should always remain conscious of what?
(a) Impending retirement.
(b) Inflation.
(c) Life energy.
(d) All the job opportunities around them.

2. How should people handle unusual extra expenses?
(a) Obtain a home equity loan.
(b) Pay with cash or try to spread the expense out over several months.
(c) Try to obtain a higher-paying job.
(d) Obtain a designated credit card.

3. What may reaching the crossover point cause participants to do?
(a) Continue working or choose a new job.
(b) Increase spending.
(c) Start a new wall chart.
(d) Explore other routes to work.

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 the wall chart.
(d) On reports from investment brokers.

5. Monthly investment income is calculated by determining current excess money each month, then doing what?
(a) Multiplying it by the current short-term interest rate for U.S. Treasury bonds, then multiplying by 12.
(b) Multiplying it by the current long-term interest rate for U.S. Treasury bonds, then multiplying by 12.
(c) Multiplying it by the current long-term interest rate for U.S. Treasury bonds, then dividing by 12.
(d) Multiplying it by the current short-term interest rate for U.S. Treasury bonds, then dividing by 12.

Short Answer Questions

1. What should people do about unusual extra expenses, such as medical bills or birthday parties?

2. How should investment income be tracked?

3. What should people do as soon as possible?

4. What is a major advantage of separating employment from passion?

5. What is the most important strategy in following Step 7?

Short Essay Questions

1. How should investment income be tracked on the wall chart? What is the significance of this number?

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

3. What are the advantages of predicting when the crossover point will occur?

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

5. What are a person's options, once he reaches his crossover point?

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

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

8. What span of time should the wall chart cover? Why?

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

10. Why do volunteers often feel more fulfilled than ever before?

(see the answer keys)

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