Your Money or Your Life Quiz | One Week Quiz A

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 Quiz | One Week Quiz A

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 quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7.

Multiple Choice Questions

1. What do the authors suggest that people divide their spending into?
(a) Categories defined in Chapter 3.
(b) Categories that make sense for them.
(c) Three columns.
(d) Categories determined by life energy.

2. What should be included in the "miscellaneous" category?
(a) Gazingus pins.
(b) Items purchased less than once a month.
(c) Items under $10.
(d) Nothing.

3. What is a major advantage of separating employment from passion?
(a) Passion won't be used as a substitute for experience.
(b) Jobs that do not inspire passion usually pay more.
(c) A greater variety of employment options becomes available.
(d) It is better to remove emotion from gainful employment.

4. How does the realization that not all work is paid add life to retirement?
(a) People who do not work after retirement have fewer health problems.
(b) Retired people know they can still be useful.
(c) People who do not work after retirement live longer.
(d) Retired people are happy because they no longer work.

5. What three columns should record-keeping include?
(a) Necessities, luxuries, and expenses to eliminate.
(b) Gross income, life energy spent, and expenses to eliminate.
(c) Income, expenditures, and hours of life energy spent.
(d) Salary, gifts, and prizes.

Short Answer Questions

1. What does the amount spent divided by real hourly wage equal?

2. What should a participant plot on their wall chart each month?

3. What mistake do people often make, when describing their jobs?

4. What determines mastery of Step 3?

5. What is the recommended size of the wall chart?

(see the answer key)

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