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 the state of having enough to spend in order to purchase just enough?

2. Question 1 is answered with a plus sign under what circumstance?

3. What should be included in the "miscellaneous" category?

4. Which perspective is feeling connected to a certain social class part of?

5. What must people do in order to make Step 3 work?

Short Essay Questions

1. What are some examples of recreational expense categories?

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

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

4. Why does the result from the first part of Step 2 sometimes prompt participants to seek a lower-paying job?

5. 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?

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

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

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

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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.

Essay Topic 2

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?

Essay Topic 3

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.

(see the answer keys)

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