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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 9.

Multiple Choice Questions

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

2. In Question 1, for each expense, participants must ask if they received fulfillment, satisfaction, and value in proportion to what?
(a) Income.
(b) Spirituality.
(c) Life energy spent.
(d) Dollar value.

3. What three columns should record-keeping include?
(a) Income, expenditures, and hours of life energy spent.
(b) Salary, gifts, and prizes.
(c) Gross income, life energy spent, and expenses to eliminate.
(d) Necessities, luxuries, and expenses to eliminate.

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

5. For Question 3 under what circumstance would one enter a minus sign on the chart?
(a) If monthly expenses exceed monthly income.
(b) If the expense category will most likely cease after retirement.
(c) If the expense category does not fit with values.
(d) If that expense category will most likely be reduced after retirement.

Short Answer Questions

1. Why are vacations considered to be a work expense?

2. What is Step 8 of the program?

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

4. What is an important aspect of the second half of Step 2?

5. What do most people claim to value more than money?

(see the answer key)

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