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

Multiple Choice Questions

1. What should be repeatedly placed along the x-axis of the wall chart?
(a) 1 2 3 4 5 6 7.
(b) J F M A M J J A S O N D.
(c) 1 2 3 4 5 6 7 8 9 10 11 12.
(d) M T W T F S S.

2. Being financially independent requires what?
(a) Earning life energy.
(b) Inheriting a large estate.
(c) Having savings and no debt.
(d) Retirement.

3. What is Step 1, Part 2 of the program?
(a) Determine net worth.
(b) Declutter the garage and basement.
(c) Determine how much money has been earned so far in a lifetime.
(d) List everything owned.

4. Most Americans divide their discretionary time equally between what two activities?
(a) Working and spending.
(b) Eating and drinking.
(c) Family and friends.
(d) Leisure and retirement.

5. What should be included in the "miscellaneous" category?
(a) Gazingus pins.
(b) Items under $10.
(c) Nothing.
(d) Items purchased less than once a month.

Short Answer Questions

1. What is the final part of Step 3?

2. The charts shown in the book for single people and couples are meant to be used how?

3. What does Question 1 help people figure out?

4. For Question 3 under what circumstance would one enter a minus sign on the chart?

5. What do advertisements teach Americans?

(see the answer key)

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