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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 people do as soon as possible?
(a) Complete the wall chart.
(b) Find supplemental income.
(c) Get out of debt.
(d) Retire.

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

3. The charts shown in the book for single people and couples are meant to be used how?
(a) As tax records.
(b) As inspiration.
(c) As strict guides.
(d) As a family budget.

4. What should frugal people research before purchasing items?
(a) Value, quality, durability, and multiple use.
(b) Value, quality, and availability.
(c) Color, style, and multiple use.
(d) Popularity, quality, durability, and multiple use.

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

Short Answer Questions

1. What is the best method of choosing which expenses to reduce or eliminate?

2. People strive to buy and earn more than they need to live at the peak of their fulfillment curve due to which perspective of money?

3. Paying attention to every thought and deciding whether to act on each thought is crucial to what?

4. What are 1,001 SURE WAYS TO SAVE MONEY?

5. What is the key to good spending habits?

(see the answer key)

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