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 is the main pitfall of combining work with true passion or enjoyment?
(a) Passion doesn't always make up for lack of talent.
(b) Enjoyable jobs don't command respect.
(c) Having to compromise in order to satisfy someone else.
(d) Enjoyment goes against the puritan work ethic.

2. What should people do about unusual extra expenses, such as medical bills or birthday parties?
(a) Accept them as a normal part of financial life.
(b) Avoid them whenever possible.
(c) Categorize them as "gazingus pins."
(d) Create an extra chart to track them.

3. What is the key to good spending habits?
(a) Full contentment.
(b) Full consciousness.
(c) Full complacency.
(d) Full compulsion.

4. What does the amount spent divided by real hourly wage equal?
(a) The real amount of life energy spent.
(b) Total allowable expenses.
(c) Money saved at the end of the month.
(d) Net worth.

5. The top number on the y-axis should be at least how large?
(a) Twice as large as the participant's expected expenses.
(b) Twice as large as the participant's expected income.
(c) Equal to the participant's expected income.
(d) Three times as large as the participant's expected income.

Short Answer Questions

1. Why should people try not to turn their job into an identity?

2. What do the authors warn job-hunters to avoid?

3. If people earn more than the minimum needed to pay bills, what should they do with the extra money?

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

5. People should spend only until they are fulfilled, just as they should do what?

(see the answer key)

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