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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 should retired people do with their excess monthly income?
(a) Help other family members reach the crossover point.
(b) Determing a new crossover point.
(c) Use it to buy life energy.
(d) Reinvest it or use it to do new projects.

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

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

4. What mistake do people often make, when describing their jobs?
(a) Identifying themselves by their careers.
(b) Playing down their true talents.
(c) Revealing annual income.
(d) Saying uncomplimentary things about thier supervisors.

5. People should have enough savings to cover expenses for how long?
(a) Nine months.
(b) Six months.
(c) Four months.
(d) One year.

Short Answer Questions

1. Monthly investment income is calculated by determining current excess money each month, then doing what?

2. What should frugal people research before purchasing items?

3. How should people handle unusual extra expenses?

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

5. What do the authors warn job-hunters to avoid?

Short Essay Questions

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

2. How is Step 8 completed? What does it allow program participants to do?

3. What is ONE SURE WAY TO SAVE MONEY?

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

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

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

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

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

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

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

(see the answer keys)

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