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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. In Question 1, for each expense, participants must ask if they received fulfillment, satisfaction, and value in proportion to what?
2. Where do most products we purchase end up?
3. What are "gazingus pins?"
4. On average, what do Americans have more of than ever before?
5. Which of the following does the emotional and psychological perspective of money include?
Short Essay Questions
1. For Step 4, what is the second question program participants should ask, regarding every expense on their chart? What is required, before answering this question?
2. What are some examples of recreational expense categories?
3. What is the second half of Step 2? What are the most important aspects of this exercise?
4. What are some problems associated with "business as usual?"
5. What are some of the not-so-obvious expenses related to a person's work?
6. What is the second part of Step 1? What attitude should participants try to maintain when they see their result?
7. How does our consumption hurt the environment?
8. Why is it beneficial to be specific with categories, rather than more general?
9. What is the first part of Step 1? What is its purpose?
10. Why do many people give up on their dreams early in life?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Expand upon the authors' comparison between budgeting and dieting. Why are honest record-keeping and frugality better tools for managing finances than a budget? What terms would parallel record keeping and frugality, in terms of managing food intake?
Essay Topic 2
Expand upon one of the following items:
- How to divide time between work and play; life energy; fulfillment; or real hours worked.
- How is this item best integrated into people's lives?
- How does management of the item help people to achieve a better life or achieve financial independence?
- How does it relate to the overall message of the book?
Essay Topic 3
What, according to the authors, is the difference between frugality and aprovechar? Are there some tips for saving money in the book that few people would be likely to follow? (For example, would most people ever consider selling their home and moving into a motor home, in order to save money?)
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This section contains 786 words (approx. 3 pages at 300 words per page) |
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