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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What causes emptiness?

2. What does the physical perspective of money include?

3. Which perspective is the notion of "keeping up with the neighbors" part of?

4. What is the final part of Step 3?

5. On average, what do Americans have less of than ever before?

Short Essay Questions

1. What is the first part of Step 3?

2. Why is Step 4 considered the heart of the program?

3. What is the first part of Step 2? How is this accomplished?

4. What should program participants do about their smaller, sometimes overlooked miscellaneous expenses?

5. Why is it beneficial to be specific with categories, rather than more general?

6. Whenever people spend money, what more valuable commodity are they also spending?

7. What happens when businesses operate according to the theory that "growth is good?"

8. For Step 4, what is the first question program participants should ask, regarding every expense on their chart? How does the chart answer the question?

9. What is the first part of Step 1? What is its purpose?

10. What should program participants do, rather than create a budget?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Why should people try their best to get out of debt, when credit cards are readily available? Why should people save a six-month cushion? What is the real meaning of financial independence?

Essay Topic 2

What does a person's financial independence have to do with their life purpose? Does fulfillment come from financial independence or from attending to a life purpose? How do the authors' three questions, listed in Chapter 4, help participants to achieve financial independence and connect with their life purpose?

Essay Topic 3

What is inflation? Why are retired people largely inflation-proof, according to the authors? What strategies can anyone use, whether retired or not, to avoid the effects of inflation?

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