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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 6.

Multiple Choice Questions

1. What are 1,001 SURE WAYS TO SAVE MONEY?
(a) A list of coupon resources.
(b) A list of strategies to achieve early retirement.
(c) Participants should look at their own expense lists and make their own list of ways to save.
(d) A list of contacts for business networking.

2. What are some good alternatives to buying what is needed?
(a) Sharing, trading, and stealing.
(b) Borrowing, trading, and sharing.
(c) Begging, stealing, and borrowing.
(d) Trading, sharing, and retiring.

3. What is Question 3?
(a) Is income greater than expenses for the month?
(b) What are my dreams?
(c) In how many years will I be able to retire?
(d) How might this expenditure change if I did not have to work for a living?

4. What percentage of useful life objects could people add if they were not so anxious to replace them?
(a) Fifty to eighty percent.
(b) Ten percent.
(c) Twenty to fifty percent.
(d) One hundred percent.

5. Which perspective is the notion of "keeping up with the neighbors" part of?
(a) Personal responsibility and transformation.
(b) Step 2.
(c) Emotional and psychological.
(d) Inflation.

Short Answer Questions

1. Each person has only a limited amount of what?

2. Earning, saving, and spending money are part of which perspective?

3. What is the main purpose of the wall chart?

4. What do the authors suggest that people divide their spending into?

5. What is budgeting similar to?

(see the answer key)

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