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 should participants do if they don't make a living from their passion?
(a) Abandon their passion until retirement.
(b) Follow their passion unpaid.
(c) Find a new job.
(d) Find a new passion.

2. What are two tips for reducing transportation expenses?
(a) Walking to do local errands and learning to do basic auto maintenance.
(b) Retiring early and buying a new car.
(c) Walking to do local errands and retiring early.
(d) Buying a new car and learning to do basic auto maintenance.

3. What are some good alternatives to buying what is needed?
(a) Sharing, trading, and stealing.
(b) Borrowing, trading, and sharing.
(c) Begging, stealing, and borrowing.
(d) Trading, sharing, and retiring.

4. What is Step 7?
(a) Minimizing debt.
(b) Increasing life energy.
(c) Reducing clutter.
(d) Maximizing income.

5. For Question 1, what should be written in the chart if just enough was spent on an item?
(a) A plus.
(b) A minus.
(c) A zero.
(d) A check.

Short Answer Questions

1. What usually happens after a person retires from their job?

2. According to many Americans, what is considered a sin?

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

4. What is the most important strategy in following Step 7?

5. Under which category does money paid to employ servants and service workers fall?

(see the answer key)

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