Your Money or Your Life Quiz | Eight Week Quiz C

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 | Eight Week Quiz C

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 4.

Multiple Choice Questions

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

2. What is Step 1, Part 1 of the program?
(a) Declutter the garage and basement.
(b) Determine net worth.
(c) Determine how much money has been earned so far in a lifetime.
(d) List everything owned.

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

4. How often should people total their income and expenses?
(a) Once a week.
(b) Once a month.
(c) Whenever a paycheck is deposited.
(d) Daily.

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

Short Answer Questions

1. What does Question 1 help people figure out?

2. If people spend half of their time sleeping, eating, and doing everything necessary for maintaining their bodies, then the other half is available for what?

3. What do people earn money by trading?

4. Why do people buy more than they need?

5. What two addictions are compared in Chapter 3?

(see the answer key)

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