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

2. What does Question 2 help people to figure out?
(a) How well they are doing at moving toward their purpose.
(b) How will expenses change after retirement?
(c) Whether income exceeds expenses.
(d) Life energy spent.

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

4. Where do values come from?
(a) Beliefs.
(b) Bargain hunting.
(c) Working harder.
(d) Saving money.

5. Why do people buy more than they need?
(a) To fight inflation.
(b) Greed.
(c) To donate to charity.
(d) Survival instinct.

Short Answer Questions

1. The charts shown in the book for single people and couples are meant to be used how?

2. What is the term for the unnecessary things, activities, and noise in our lives?

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

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

5. What should participants do if the answer to Question 2 is "no" for a particular item?

Short Essay Questions

1. How does our consumption hurt the environment?

2. What should program participants do, rather than create a budget?

3. What is the final part of Step 3? How is this accomplished?

4. What happens when businesses operate according to the theory that "growth is good?"

5. 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?

6. How does the protestant work ethic influence the behavior of many Americans?

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

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

9. What are some problems associated with "business as usual?"

10. What is the second half of Step 2? What are the most important aspects of this exercise?

(see the answer keys)

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