Your Money or Your Life Test | Mid-Book Test - Hard

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 Test | Mid-Book Test - Hard

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 test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Where do values come from?

2. How is net worth determined?

3. What determines mastery of Step 3?

4. What are piggy banks and cookie jars examples of?

5. Why should people ask themselves how they can help others to avoid pain they have experienced?

Short Essay Questions

1. What is the second part of Step 1? What attitude should participants try to maintain when they see their result?

2. Why is it beneficial to be specific with categories, rather than more general?

3. What are people's dreams good clues to?

4. What is the first part of Step 2? How is this accomplished?

5. What are some problems associated with "business as usual?"

6. Compare a person's typical response to a long-term threat with the typical response to an immediate threat.

7. How does our consumption hurt the environment?

8. Why is Step 4 considered the heart of the program?

9. Whenever people spend money, what more valuable commodity are they also spending?

10. What should program participants do, rather than create a budget?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

At what point do the authors ask program participants to invest money in order to earn investment income? How should investment income be tracked? How should it be used to lead to financial security or fulfillment?

Essay Topic 2

As expressed by the authors in Chapter 9, what impact would their financial program have on culture, living conditions, the environment, and the economy, if most people followed it? Describe their predictions in detail, referring also to their descriptions in Chapter 1 of ways in which most Americans' current lifestyle is harmful to our culture, living conditions, the environment, and the economy.

Essay Topic 3

Discuss the psychological impact of the financial wall chart. Consider the implications involved with displaying the chart where all visitors can see it, the burden of tracking every penny earned or spent, the urgency or lack of urgency created by a five- to seven-year time frame, and emotional responses to acknowledging past spending habits.

(see the answer keys)

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