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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 8.

Multiple Choice Questions

1. What is one sure way to save money?
(a) Find alternative housing.
(b) Stop trying to impress other people.
(c) Find a higher-paying job.
(d) Retire early.

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

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

4. What are comforts, as defined in Chapter 1?
(a) Emotional support.
(b) Employment and financial security.
(c) Pillows and mattresses.
(d) Things people really enjoy.

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

Short Answer Questions

1. What should people do with their extra money, once they earn more per month than they spend?

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

3. Where do most products we purchase end up?

4. What might cause readers to feel guilty, after completing Step 1?

5. If people spend half of their time sleeping, eating, and doing everything necessary for maintaining their bodies, then the other half is available for what?

(see the answer key)

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