|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions and 1 (of 3) essay topics.
Short Answer Questions
1. How does eating a proper diet make sense financially?
2. What is one sure way to save money?
3. Why should people try not to turn their job into an identity?
4. What should frugal people research before purchasing items?
5. What is the best thing to do with the interest received?
Write an essay for ONE of the following topics:
Essay Topic 1
What does a person's financial independence have to do with their life purpose? Does fulfillment come from financial independence or from attending to a life purpose? How do the authors' three questions, listed in Chapter 4, help participants to achieve financial independence and connect with their life purpose?
Essay Topic 2
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.
Essay Topic 3
At what point do the authors ask program participants to invest money in order to earn investment income? How should investment income be tracked? How should it be used to lead to financial security or fulfillment?
This section contains 1,042 words
(approx. 4 pages at 300 words per page)