Your Money or Your Life Test | Mid-Book Test - Hard

Joe Dominguez
This set of Lesson Plans consists of approximately 124 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 are dreams good clues to?

2. What two addictions are compared in Chapter 3?

3. What is a possible advantage of switching to a lower-paying job?

4. Why are expensive convenience foods considered to be a work expense?

5. How is a real hourly wage figured?

Short Essay Questions

1. What are 1,000,001 SURE WAYS TO SAVE MONEY?

2. How far away from homelessness are most Americans?

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

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

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

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

7. Why should the wall chart be displayed where participants can view it easily?

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

9. What span of time should the wall chart cover? Why?

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

Essay Topics

Essay Topic 1

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?

Essay Topic 2

What, according to the authors, is the difference between frugality and aprovechar? Are there some tips for saving money in the book that few people would be likely to follow? (For example, would most people ever consider selling their home and moving into a motor home, in order to save money?)

Essay Topic 3

What is inflation? Why are retired people largely inflation-proof, according to the authors? What strategies can anyone use, whether retired or not, to avoid the effects of inflation?

(see the answer keys)

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