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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Being financially independent requires what?

2. How should investment income be tracked?

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

4. If people invest more money each month, what happens to the monthly interest?

5. What should frugal people research before purchasing items?

Short Essay Questions

1. Summarize the 10 SURE WAYS TO SAVE MONEY.

2. What are a person's options, once he reaches his crossover point?

3. Why is it unwise to seek employment in an area involving a person's passion?

4. What is the difference between the word "frugal" and the Spanish word "aprovechar?" Which do the authors prefer?

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

6. Why are most people happier when their jobs are not related to their passions?

7. What do many people try to get from other jobs, other than a paycheck?

8. Why should the wall chart be displayed where participants can view it easily?

9. How far away from homelessness are most Americans?

10. What are the advantages of predicting when the crossover point will occur?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What is the difference between a cushion and a cache? Is one more desirable than the other is? Which will a program participant obtain first?

Essay Topic 2

Expand upon the authors' comparison between budgeting and dieting. Why are honest record-keeping and frugality better tools for managing finances than a budget? What terms would parallel record keeping and frugality, in terms of managing food intake?

Essay Topic 3

Expand upon one of the following items:

- How to divide time between work and play; life energy; fulfillment; or real hours worked.

- How is this item best integrated into people's lives?

- How does management of the item help people to achieve a better life or achieve financial independence?

- How does it relate to the overall message of the book?

(see the answer keys)

This section contains 871 words (approx. 3 pages at 300 words per page) View a FREE sample