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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. 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) Spirituality.
(c) Dollar value.
(d) Income.

2. If people spend half of their time sleeping, eating, and doing everything necessary for maintaining their bodies, then the other half is available for what?
(a) Whatever they choose.
(b) Life energy.
(c) Managing money.
(d) Keeping up with the neighbors.

3. What will eventually run out?
(a) Job growth.
(b) The earth's resources.
(c) Time and money.
(d) Social Security.

4. What are "gazingus pins?"
(a) Pins to attach to a spending chart to indicate unnecessary expenses.
(b) Larger-than-standard pins.
(c) Any items the reader has an unreasonable amount of, due to habitual shopping.
(d) Clips to attach spending charts to refrigerators or bulletin boards.

5. How often should people total their income and expenses?
(a) Once a week.
(b) Daily.
(c) Whenever a paycheck is deposited.
(d) Once a month.

Short Answer Questions

1. On average, what do Americans have more of than ever before?

2. What can help people determine what they value?

3. Why do many people give up on their dreams?

4. What is one of the main economic principles most businesses follow?

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

Short Essay Questions

1. What is the first part of Step 1? What is its purpose?

2. For Step 4, what is the first question program participants should ask, regarding every expense on their chart? How does the chart answer the question?

3. What are the three perspectives of money the authors ask program participants to reject? Include brief descriptions.

4. Why do many people give up on their dreams early in life?

5. What are some examples of recreational expense categories?

6. How should program participants use the charts at the end of Chapter 3?

7. Why is Step 4 considered the heart of the program?

8. Compare a person's typical response to a long-term threat with the typical response to an immediate threat.

9. What should program participants do about their smaller, sometimes overlooked miscellaneous expenses?

10. What are some of the not-so-obvious expenses related to a person's work?

(see the answer keys)

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