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 must people do in order to make Step 3 work?
(a) Reduce spending.
(b) Be as truthful as possible.
(c) Work more hours.
(d) Work fewer hours.

2. What should participants do if the answer to Question 2 is "no" for a particular item?
(a) Find a new life purpose.
(b) Donate the item to charity.
(c) Find a new career path.
(d) Either change actions to align with values or change values to align with actions.

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

4. What is one of the main economic principles most businesses follow?
(a) Going green is good.
(b) Debt is good.
(c) Technology is good.
(d) Growth is good.

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

Short Answer Questions

1. What are bare necessities, as defined in Chapter 1?

2. What do advertisements teach Americans?

3. On average, what do Americans have less of than ever before?

4. What does Question 1 help people figure out?

5. Some people reach the top of their profession and make good money, yet are still not what?

Short Essay Questions

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

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

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

4. How does our consumption hurt the environment?

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

6. For Step 4, what is the second question program participants should ask, regarding every expense on their chart? What is required, before answering this question?

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

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

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

10. 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?

(see the answer keys)

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