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 allows people to enjoy their planet, community, and spirituality more than ever before?
(a) Living frugally.
(b) Taking more vacations.
(c) Retirement.
(d) Being green.

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

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

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

5. What are piggy banks and cookie jars examples of?
(a) Items too fragile to hold anything but paper money.
(b) Symbols to place next to money-saving items in a monthly chart.
(c) Savings categories.
(d) Places where a person should never keep money.

Short Answer Questions

1. What are "gazingus pins?"

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

3. Each person has only a limited amount of what?

4. Question 3 asks participants to consider what it would be like to do what?

5. Why are vacations considered to be a work expense?

Short Essay Questions

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

2. What is the first part of Step 3?

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

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

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

6. What do the two parts of Step 2 allow program participants to track?

7. 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?

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

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

10. Why does the result from the first part of Step 2 sometimes prompt participants to seek a lower-paying job?

(see the answer keys)

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