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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7.

Multiple Choice Questions

1. If people stop buying any extras at all, what are they in danger of doing?
(a) Returning to their old habits.
(b) Losing life energy.
(c) Buying twice as much the following month.
(d) Running out of room on the wall chart.

2. How does the realization that not all work is paid add life to retirement?
(a) People who do not work after retirement have fewer health problems.
(b) People who do not work after retirement live longer.
(c) Retired people are happy because they no longer work.
(d) Retired people know they can still be useful.

3. What must people do in order to make Step 3 work?
(a) Work fewer hours.
(b) Be as truthful as possible.
(c) Reduce spending.
(d) Work more hours.

4. How do most people define work?
(a) Anything that is not enjoyable.
(b) What they do to make a living.
(c) Full-time employment.
(d) Life energy spent.

5. A line should be drawn connecting the current month's income to what?
(a) The previous month's expenses.
(b) The previous month's income.
(c) The current month's expenses.
(d) The previous year's income.

Short Answer Questions

1. What should people do as soon as possible?

2. If people earn more than the minimum needed to pay bills, what should they do with the extra money?

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

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

5. Where do the authors recommend finding job-hunting advice?

(see the answer key)

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