Your Money or Your Life Quiz | Four Week Quiz B

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 | Four Week Quiz B

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 8.

Multiple Choice Questions

1. What might cause readers to feel guilty, after completing Step 1?
(a) Seeing their credit score.
(b) Seeing how much they owe or how little they have earned.
(c) Feeling less successful than their work colleagues.
(d) Spending too much time with family.

2. In the 101 SURE WAYS TO SAVE MONEY section, what do the authors advise people to do in order to save on housing?
(a) Buy and manage multiple rental properties.
(b) Buy a larger home as a hedge against inflation.
(c) Avoid non-traditional housing.
(d) Consider non-traditional housing.

3. The wall chart's time span is a rough deadline for what?
(a) Retirement.
(b) Finding a new career.
(c) Finding a life purpose.
(d) Achieving financial independence.

4. What is a possible advantage of switching to a lower-paying job?
(a) More time available for continuing education.
(b) Ultimately earning more for each hour of life energy spent.
(c) Less money available to spend.
(d) Less life energy spent equals a longer lifespan.

5. What should people be willing to do?
(a) Sacrifice income for a job that matches a passion.
(b) Work more than 40 hours per week.
(c) Work for what they want.
(d) Sacrifice family time for more income.

Short Answer Questions

1. What can help people determine what they value?

2. What is the best thing to do with the interest received?

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

4. How should investment income be tracked?

5. What does Question 2 help people to figure out?

(see the answer key)

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