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

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 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Why are expensive convenience foods considered to be a work expense?

2. For Question 3 under what circumstance would one enter a minus sign on the chart?

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

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

5. What is the purpose of dividing income and expenses into categories?

Short Essay Questions

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

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

3. What is the first part of Step 2? How is this accomplished?

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

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

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. Why is it beneficial to be specific with categories, rather than more general?

8. Whenever people spend money, what more valuable commodity are they also spending?

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

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?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What, according to the authors, is the difference between frugality and aprovechar? Are there some tips for saving money in the book that few people would be likely to follow? (For example, would most people ever consider selling their home and moving into a motor home, in order to save money?)

Essay Topic 2

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?

Essay Topic 3

As expressed by the authors in Chapter 9, what impact would their financial program have on culture, living conditions, the environment, and the economy, if most people followed it? Describe their predictions in detail, referring also to their descriptions in Chapter 1 of ways in which most Americans' current lifestyle is harmful to our culture, living conditions, the environment, and the economy.

(see the answer keys)

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