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 does Question 1 help people figure out?

2. How often should people total their income and expenses?

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

4. How many perspectives of money are there?

5. What do advertisements teach Americans?

Short Essay Questions

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

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

3. How does our consumption hurt the environment?

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

5. 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?

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

7. What is the first part of Step 3?

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

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

10. How should program participants use the charts at the end of Chapter 3?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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 2

Discuss the psychological impact of the financial wall chart. Consider the implications involved with displaying the chart where all visitors can see it, the burden of tracking every penny earned or spent, the urgency or lack of urgency created by a five- to seven-year time frame, and emotional responses to acknowledging past spending habits.

Essay Topic 3

After determining how much money they have ever made and after determining net worth, why do some program participants feel guilty? What advice do the authors offer, for overcoming this guilt? List at least three ways in which success in the financial program would offset guilt.

(see the answer keys)

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