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Moving out Budget 
Students develop a budget for a 3-month period, to essentially "move out". They have to plan a menu, go grocery shopping, plan for transportation expenses, laundry, determine if there is a need for a roommate, estimate deposits on apartment and utilities and other expenses students need to be aware of before they move out.
Rubric Code: JA2325
Ready to use
Public Rubric
Subject: Finance  
Type: Project  
Grade Levels: 9-12

Powered by iRubric Moving Out Budget
Required Elements
  Poor - D and F

10 pts

Fair - C

30 pts

Good - B

35 pts

Excellent - A

40 pts

Job

Has detailed description of current job or produced ad for realistic job

Poor - D and F

Produced no ad and no job description.
Fair - C

produced no ad, provided some information about current job
Good - B

Produced ad, job may or may not have been realistic. Provided information about job.
Excellent - A

Produced ad. Realistic job or provided detailed information about current job.
Housing

produced ad for housing. Shows details for self and roommate

Poor - D and F

Produced no ad. Provided no details to distinguish between self and roommate.
Fair - C

Produced no ad. Provided some details for self and roommate.
Good - B

Produced ad. Details not very clear.
Excellent - A

Produced detailed ad. Gave details regarding self and roommate(s).
Transportation

Provide details on how student will get to work and other places.

Poor - D and F

Poor information or missing.
Fair - C

Provided the minimal amount of information. Information provided was not realistic.
Good - B

Provided good information about transportation costs. Not very detailed.
Excellent - A

Provided detailed write up of transportation costs for self.
Food

Produced a 7-day menu with appropriate grocery list with cost/totals.

Poor - D and F

No ad, no coupons. Unrealistic 7-day menu with poor shopping list.
Fair - C

Poor menu. Little description. No ad, poor accountability with grocery list.
Good - B

Produced ok menu and provided details about grocery trip. Included ad and coupons.
Excellent - A

Produced very detailed 7-day menu and grocery list with costs, totals, coupons, and ads.
Expenses

Produced legible table that included all appropriate expenses for self and roommate

Poor - D and F

Did not produce a table. Did not distinguish between expenses for self and roommate. Hard to read.
Fair - C

Did not produce a table and write up was difficult to establish expenses for self and roommate.
Good - B

Produced legible table for expenses. Showed expenses for self and roommate.
Excellent - A

Produced realistic table separating self expenses from roommates. Very clear budget.
Entertainment

Produced budget for realistic entertainment expenses

Poor - D and F

Did not show entertainment expenses. Lacked realism.
Fair - C

Produced an ok budget. Not necessarily realistic.
Good - B

Prepared a decent budget for entertainment.
Excellent - A

Prepared a realistic budget for real entertainment
3-Month Budget

Produced realistic budget for Oct, Nov. and Dec. Included write up of saving for holidays

Poor - D and F

Did not produce a 3-month budget.
Fair - C

No table for budget, write up not very clear as to what were expenses and savings.
Good - B

Produced a good 3-month budget. Expenses and savings are available but not readily explained.
Excellent - A

Produced a clear 3-month budget. Able to easily see expenses and savings.
Timeliness
  Poor

5 pts

Fair

10 pts

Good

15 pts

Excellent

20 pts

Timeliness

Was project submitted on time?

Poor

+ one week late
Fair

3 - 5 days late
Good

1 - 2 days late
Excellent

On time



Keywords:
  • budget, finance, planning

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