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iRubric: Family Budget Project rubric

iRubric: Family Budget Project rubric

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Family Budget Project built by kdraper

Rubric Code: Z3W365
Family Budget - Monthly Budget Spreadsheet & Family Budget Presentation PowerPoint
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Keywords: (None)
Categories: Subjects: Computers  
Types: Project  
Grade Levels: 9-12, Undergraduate

Powered by iRubric Family Budget Project
  Lots of work to do
1 pts Needs lots of work
Not yet, keep working
2 pts Still needs work
Met the Standard!
3 pts Met the Standard
Gross Pay Formula
Lots of work to do

Gross pay listed, formula used to get gross pay, for one member
Not yet, keep working

Gross pay with both monthly incomes listed, formula NOT used to get gross pay
Met the Standard!

Gross pay with both monthly incomes listed, formula used to get gross pay
Formulas for all budget categories
Lots of work to do

Standard percentages used in formulas for most budget categories, formulas are inaccurate
Not yet, keep working

Standard percentages used in formulas for most budget categories, formulas are accurate
Met the Standard!

Standard percentages used in formulas for all budget categories, formulas are accurate
Income Disposition Chart
Lots of work to do

Has a pie chart showing income distribution, does not have a legend showing all categories and does not show values as %
Not yet, keep working

Has a pie chart showing income distribution, does not have a legend showing all categories or values as percentages and percentages are correct
Met the Standard!

Has a pie chart showing income distribution, has a legend showing all categories, values as percentages and percentages are correct
Net Income
Lots of work to do

One but not both incomes used to get gross pay, or formula not used to find net pay with gross - taxes = net
Not yet, keep working

Both incomes used to get gross pay, formula not used to find net pay with gross - taxes = net
Met the Standard!

Both incomes used to get gross pay, formula used to find net pay with gross - taxes = net
Header/Footer
Lots of work to do

Has a header on right with name and file number listed for one but not both partners, block or date may be missing and does not have a footer with code for filename centered
Not yet, keep working

Has a header on right with name and file number listed for one but not both partners, block or date may be missing and has a footer but no code for filename
Met the Standard!

Has a header on right with both names and file numbers listed, block and date and has a footer with code for filename centered
File name
Lots of work to do

Has not named file correctly using all lower case letters seperated by underscores and has only one file # or has not used the correct save name, but included both file #s
Not yet, keep working

Has named file correctly using all lower case letters seperated by underscores and has one file # or has not used the correct save name, but included both file #s
Met the Standard!

Has named file correctly using all lower case letters seperated by underscores and has both file #s
Savings for Major Purchase
Lots of work to do

Amount saved to be used for a major purchase is shown with any category used to save from or does not have a major purchase
Not yet, keep working

Amount saved to be used for a major purchase is shown with only housing, transportation, insurace, food, savings being available categories to save from
Met the Standard!

Amount saved to be used for a major purchase is shown with only housing, transportation and insurace being available categories to save from
Family Budget Project
# Slides
Lots of work to do

Has 7-8 slides but may be missing 1 or more slides for: jobs, budget, pie chart, housing, transportation, insurance and major purchase, has no title slide
Not yet, keep working

Has 9 slides, but may be missing 1 or more slides for: jobs, budget, pie chart, housing, transportation, insurance and major purchase, or no title slide
Met the Standard!

Has 9 slides or more, one for each job, 1 each showing budget including budgeted and actual expenses, housing, transportation, insurance, pie charts with budgeted and actual expenses,major purchase, with a title slide
Jobs
Lots of work to do

Has listed one family member job and includes qualifications, or starting monthly pay
Not yet, keep working

Has listed both family member jobs and includes qualifications, or starting monthly pay
Met the Standard!

Has listed both family member jobs and includes qualifications, starting monthly pay
Gross/Net
Lots of work to do

Gross income shown with one partner's income for the month, but not starting pay used and combined net income shown
Not yet, keep working

Gross income shown with one partner's income for the month, or both partners monthly but not starting pay used and combined net income shown
Met the Standard!

Gross income shown with both partners monthly starting pay used and combined net income shown
Income Distribution
Lots of work to do

Shows a distribution of income for all categories and has used incorrect percentages for each
Not yet, keep working

Shows a distribution of income for most categories or has not used correct percentages for each
Met the Standard!

Shows a distribution of income for all categories and has used correct percentages for each
Actual Money Spent
Lots of work to do

Shows actual monies spent in most budgeted categories and has spent more than the standard percentage in each category
Not yet, keep working

Shows actual monies spent in all budgeted categories or has spent more than the standard percentage in each category
Met the Standard!

Shows actual monies spent in all budgeted categories and has not spent more than the standard percentage in each category
Savings
Lots of work to do

Has not been able to save some money in housing, transportation or renter's insurance
Not yet, keep working

Has been able to save some money in housing, transportation and renter's insurance and has saved in other categories
Met the Standard!

Has been able to save some money in housing, transportation and renter's insurance only
Major Purchase
Lots of work to do

Has not saved enough for a major purchase and may not show calculations, give complete detailed information on purchse
Not yet, keep working

Has saved enough for a major purchase form any category and shows calculations, gives complete detailed information on purchse
Met the Standard!

Has saved enough for a major purchase from housing, transportation and insurance and shows calculations, gives complete detailed information on purchse
Income Pie Chart
Lots of work to do

Has 1 pie chart only or does not show pie chart
Not yet, keep working

Has 1 pie chart but not both showing budgeted income or 1 pie chart showing actual money spent in all categories, may not have a legend or values as %
Met the Standard!

Has 1 pie chart showing distribution of income in all categories as budgeted for and 1 pie chart showing actual money spent in all categories, has a legend and values as %
Housing
Lots of work to do

Has housing listed, with cost not within budget, or doesn't give details about housing and may not have an image showing the housing
Not yet, keep working

Has housing listed, with cost within 30% of gross income, doesn't give details about housing and may not have an image showing the housing
Met the Standard!

Has housing listed, with cost within 30% of gross income, gives details about housing and has an image showing the housing, housing is rented, shows rent for one month
Transportation
Lots of work to do

Has transportation listed, doesn't show costs, has incomplete details for both partners for one month/ may be listed weekly or daily or not at all
Not yet, keep working

Has transportation listed within 5% of budgeted amount, may have saved in this category, has incomplete details for both partners for one month/ may be listed weekly or daily
Met the Standard!

Has transportation listed within 5% of budgeted amount, may have saved in this category, has complete accurate details for lease, rental or tickets for both partners for one month
Renter's Insurance
Lots of work to do

Has renter's insurance listed, but does not show coverages, deductibles, and liabilities, and does not show as monthly expense, but yearly
Not yet, keep working

Has renter's insurance listed, but may not show all coverages, deductibles, and liabilities, or may not show as monthly expense, but yearly
Met the Standard!

Has renter's insurance listed, shows all coverages, deductibles, and liabilities, shows as monthly expense



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