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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Which of the following does the emotional and psychological perspective of money include?
(a) Personal responsibility.
(b) Fear of unemployment.
(c) The tendency to spend quickly or cautiously.
(d) Using credit cards.

2. Which perspective is feeling connected to a certain social class part of?
(a) Cultural.
(b) Personal responsibility and transformation.
(c) Life energy.
(d) Emotional and psychological.

3. On average, what do Americans have more of than ever before?
(a) Education.
(b) Savings.
(c) Children.
(d) Debt.

4. What must a person do to become financially independent?
(a) Inherit from rich relatives.
(b) Work harder.
(c) Let go of everything they have learned about money.
(d) Save as much as possible.

5. What is an important aspect of the second half of Step 2?
(a) Saving as much money as possible.
(b) Tracking net worth.
(c) Not feeling shame or blame.
(d) Saving life energy.

6. What does Chapter 4 help people to figure out?
(a) How to reduce expenses.
(b) How to save life energy.
(c) How to increase income.
(d) What is fulfilling for them.

7. Which perspective of money should readers embrace?
(a) Life energy.
(b) A personal perspective.
(c) Hedges against inflation.
(d) Personal responsibility and transformation.

8. According to many Americans, what is considered a sin?
(a) Working too much.
(b) Just sitting around and enjoying life.
(c) Buying low, selling high.
(d) Spending too much.

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

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

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

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

13. What do advertisements teach Americans?
(a) Work, work, and work some more.
(b) Buy low, sell high.
(c) Consume, consume, and comsume some more.
(d) Relax, relax, and relax some more.

14. On average, what do Americans have less of than ever before?
(a) Debt.
(b) Education.
(c) Savings.
(d) Children.

15. Question 3 asks participants to consider what it would be like to do what?
(a) Eliminate debt.
(b) Conserve life energy.
(c) Find a life mission.
(d) Retire.

Short Answer Questions

1. Why are small, specific categories recommended over traditional, broad categories?

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

3. What does Question 2 help people to figure out?

4. Why do many people give up time with family, working on hobbies, and fulfilling dreams?

5. What are "gazingus pins?"

(see the answer keys)

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