Your Money or Your Life Test | Final Test - Hard

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.

Your Money or Your Life Test | Final Test - Hard

Joe Dominguez
This set of Lesson Plans consists of approximately 131 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Your Money or Your Life Lesson Plans
Name: _________________________ Period: ___________________

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. What is Step 6?

2. What do the authors describe as "having a high joy-to-stuff ratio?"

3. How does eating a proper diet make sense financially?

4. What should people do with their extra money, once they earn more per month than they spend?

5. A person's crossover point is an estimate based on which type of expenses?

Short Essay Questions

1. Describe the process of creating the wall chart.

2. What is ONE SURE WAY TO SAVE MONEY?

3. What will participants inevitably end up doing if they strive to maximize income and minimize expenses? As a result, what should they do next?

4. What job-hunting advice is included in the book?

5. What is a "cushion?" What are the advantages of having a cushion?

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

7. Summarize the 10 SURE WAYS TO SAVE MONEY.

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

9. What are the advantages of predicting when the crossover point will occur?

10. Why are most people happier when their jobs are not related to their passions?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What is the difference between a cushion and a cache? Is one more desirable than the other is? Which will a program participant obtain first?

Essay Topic 2

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?

Essay Topic 3

According to the authors, why does money have no intrinsic value? What are the four perspectives of money? Which perspectives do the authors reject? Why? Which perspective do the authors advocate? Why?

(see the answer keys)

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