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 two addictions are compared in Chapter 3?

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

3. 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?

4. What is budgeting similar to?

5. What does Question 1 help people figure out?

Short Essay Questions

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

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

3. How does our consumption hurt the environment?

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

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

6. 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?

7. What should program participants do about their smaller, sometimes overlooked miscellaneous expenses?

8. What happens when businesses operate according to the theory that "growth is good?"

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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 2

Expand upon one of the following items:

- How to divide time between work and play; life energy; fulfillment; or real hours worked.

- How is this item best integrated into people's lives?

- How does management of the item help people to achieve a better life or achieve financial independence?

- How does it relate to the overall message of the book?

Essay Topic 3

Why should people try their best to get out of debt, when credit cards are readily available? Why should people save a six-month cushion? What is the real meaning of financial independence?

(see the answer keys)

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