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.

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.
Buy the Your Money or Your Life Lesson Plans
Name: _________________________ Period: ___________________

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

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

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

3. What can help people determine what they value?

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

5. What is the second half of Step 2?

Short Essay Questions

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

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

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

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

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

6. What is the second part of Step 1? What attitude should participants try to maintain when they see their result?

7. 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?

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

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What is the difference between a cushion and a cache? Is one more desirable than the other is? Which will a program participant obtain first?

Essay Topic 2

If program participants genuinely have no sense of their own passion or life purpose, what advice do the authors offer as paths to insight? How can people be of service, meanwhile, if they have not yet determined their life purpose?

Essay Topic 3

Define the crossover point and its relationship to retirement. Why is the crossover point central to this financial program? What options are available to a person once they reach their crossover point?

(see the answer keys)

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