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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 Step 7?
(a) Minimizing debt.
(b) Maximizing income.
(c) Reducing clutter.
(d) Increasing life energy.
2. In the 101 SURE WAYS TO SAVE MONEY section, what do the authors advise people to do in order to save on housing?
(a) Consider non-traditional housing.
(b) Buy and manage multiple rental properties.
(c) Avoid non-traditional housing.
(d) Buy a larger home as a hedge against inflation.
3. How do most people define work?
(a) Life energy spent.
(b) Full-time employment.
(c) What they do to make a living.
(d) Anything that is not enjoyable.
4. Statistically, how many Americans are overweight?
(a) One-third.
(b) Three-fourths.
(c) Half.
(d) Two-thirds.
5. How should program participants adjust their medical insurance?
(a) Accept a lower deductible.
(b) Cancel insurance and make healthier lifestyle choices.
(c) Cancel insurance and maintain a medical savings account.
(d) Accept a higher deductible.
Short Answer Questions
1. What is Step 6?
2. What is the main purpose of the wall chart?
3. How does eating a proper diet make sense financially?
4. What should people be willing to do?
5. What is the best method of choosing which expenses to reduce or eliminate?
Short Essay Questions
1. What is the difference between the word "frugal" and the Spanish word "aprovechar?" Which do the authors prefer?
2. How do peoples' words cause them to identify themselves personally with their jobs? Why is this a problem?
3. What is ONE SURE WAY TO SAVE MONEY?
4. What job-hunting advice is included in the book?
5. What will participants inevitably end up doing if they strive to maximize income and minimize expenses? As a result, what should they do next?
6. How should investment income be tracked on the wall chart? What is the significance of this number?
7. What is a "cushion?" What are the advantages of having a cushion?
8. What is Step 7? What are the advantages of following this step?
9. How far away from homelessness are most Americans?
10. What are 1,000,001 SURE WAYS TO SAVE MONEY?
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This section contains 850 words (approx. 3 pages at 300 words per page) |
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