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. What is Step 1, Part 2 of the program?

2. Attitude toward buying groceries is part of which perspective of money?

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

4. On average, what do Americans have more of than ever before?

5. What is Question 3?

Short Essay Questions

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

2. 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?

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

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

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

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

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

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

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

The authors express displeasure with each of the following concepts: business as usual; over-consumption; keeping up with neighbors; the rat race; and clutter. Choose one concept and analyze why the item causes problems for individuals, for society, and for the planet.

Essay Topic 2

Why do the authors encourage program participants to calculate their real wage? Based on real wage, why should people sometimes consider changing to a lower-paying job? How does this jibe with the authors' advice elsewhere in the book, to maximize income?

Essay Topic 3

Why should people pursue their passion away from work, as a volunteer, hobbyist, or advocate? What pitfalls exist for people who earn a living from what they are passionate about?

(see the answer keys)

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