View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3.

Multiple Choice Questions

1. Under which category does money paid to employ servants and service workers fall?
(a) Keeping up with the neighbors.
(b) Work-related expense.
(c) Cultural.
(d) More is better.

2. What is budgeting similar to?
(a) Reducing income.
(b) Dieting.
(c) Mathematics.
(d) Filing taxes.

3. What might cause readers to feel guilty, after completing Step 1?
(a) Seeing their credit score.
(b) Spending too much time with family.
(c) Feeling less successful than their work colleagues.
(d) Seeing how much they owe or how little they have earned.

4. What have many people been told by parents and guidance counselors?
(a) Employment security is more important than happiness.
(b) That the job market is tight.
(c) That they can be anything they want to be.
(d) Money is more important than happiness.

5. What is the first half of Step 2?
(a) Not feeling shame or blame.
(b) Determine net worth.
(c) Determine real hours worked.
(d) Determine real hourly wage.

Short Answer Questions

1. What will eventually run out?

2. Why should readers not use premade categories from other budget books?

3. What does the amount spent divided by real hourly wage equal?

4. What items are included in everything owned?

5. How is a real hourly wage figured?

(see the answer key)

This section contains 295 words (approx. 1 page at 300 words per page) View a FREE sample