iRubric: Family Budget Project rubric

edit print share Copy to my rubrics Bookmark test run assess... delete Do more...

Family Budget Project

Family Budget - Monthly Budget Spreadsheet & Family Budget Presentation PowerPoint or Poster

Rubric Code: M649B9

By amiecaruso

Ready to use

Public Rubric

Subject: English

Type: Project

Grade Levels: 9-12

Subjects:

Types:

Project

Discuss this rubric

Family Budget Project
	Lots of work to do Needs lots of work 1 pts	Not yet, keep working Still needs work 2 pts	Met the Standard! Met the Standard 3 pts
Net Pay formula	Lots of work to do Net pay not listed, formula used to get net pay, for family members with income annual income /12	Not yet, keep working Net pay with both monthly incomes listed, formula NOT used to get gross pay annual income/12	Met the Standard! Net pay with both monthly incomes listed, formula used to get net pay annual income/12
Formulas for all budget categories	Lots of work to do Standard percentages used in formulas for most budget categories, formulas are inaccurate cost of house /240 cost of car/ 60	Not yet, keep working Standard percentages used in formulas for most budget categories, formulas are accurate cost of house /240 cost of car / 60	Met the Standard! Standard percentages used in formulas for all budget categories, formulas are accurate cost of house/240 cost of car /60
Additional expsenses	Lots of work to do Most categories completed and accurate	Not yet, keep working Almost all categories completed and appropriate	Met the Standard! All categories either answered or explanation provided why it does not apply
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
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 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
Income	Lots of work to do income shown with one partner's income for the month, but not starting pay used and combined net income shown	Not yet, keep working 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! 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