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. People strive to buy and earn more than they need to live at the peak of their fulfillment curve due to which perspective of money?

2. What causes people to believe that "growth is good" and "more is better?"

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

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

5. What three columns should record-keeping include?

Short Essay Questions

1. 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?

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

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

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

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

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

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

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

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

10. What are some examples of recreational expense categories?

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

What is the authors' view of work vs. personal identity? How can subtle shifts in language and attitude change a person's perspective, regarding what constitutes work? Why should security, tradition, enjoyment, duty, prestige, status, power, or social opportunities be sought after away from a person's work environment?

Essay Topic 3

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.

(see the answer keys)

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