Your Money or Your Life Test | Mid-Book Test - Medium

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.
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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. What two addictions are compared in Chapter 3?
(a) Gambling and shopping.
(b) Alcoholism and smoking.
(c) Overspending and gambling.
(d) Overeating and overspending.

2. What are dreams good clues to?
(a) Values, purpose, and life mission.
(b) The future.
(c) Employment options.
(d) Hours slept per night.

3. What does the amount spent divided by real hourly wage equal?
(a) The real amount of life energy spent.
(b) Total allowable expenses.
(c) Money saved at the end of the month.
(d) Net worth.

4. How should people reduce spending?
(a) By putting money in the bank.
(b) By increasing awareness of how much life energy it takes to pay for each expense.
(c) By taking a lower-paying job.
(d) By staying home.

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

Short Answer Questions

1. What does Chapter 4 help people to figure out?

2. What is the intrinsic value of money?

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

4. What is the final part of Step 3?

5. In Question 2, what must participants ask if each expenditure is in alignment with?

Short Essay Questions

1. How do the authors compare budgeting with dieting?

2. Where does the "rat race" come from?

3. What perspective of money do the authors endorse? Why?

4. What are people's dreams good clues to?

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

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

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

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

9. For Step 4, what is the third question program participants should ask, regarding every expense on their chart? What does this question prompt people to do?

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

(see the answer keys)

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