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iRubric: Creating a Budget rubric

iRubric: Creating a Budget rubric

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Creating a Budget 
Students will learn what a budget is. Be able to identify different parts of a budget. They will identify steady sources of income and types of expenses. They will be able to explain hoe to adjust their budget and keep it realistic.
Rubric Code: YX22954
Ready to use
Public Rubric
Subject: Math  
Type: Assignment  
Grade Levels: 6-8, 9-12

Powered by iRubric Creating an Individualized Budget
  Poor

1 pts

Fair

3 pts

Good

5 pts

Budget Components

Poor

Budget was not realistic. It was missing necessary components for a complete budget
Fair

Budget was realistic but the expenses were greater than income.
Good

Budget was realistic and expenses were less than or equal to income
Knowing how to adjust your budget.

Poor

Made little or no corrections to adjust the budget when presented with different scenarios.
Fair

Made most correct adjustments to the budget when presented with different scenarios.
Good

Made correct adjustments to the budget when presented with different scenarios.
Budget Summary

Poor

Did not summarize information about their budgets. Could not explain how their budget was created and adjusted.
Fair

Summarized the basic information about their budget but struggled explaining how their budget was created and adjusted. Summaries contained all the correct information but very little reflection on the budgeting process.
Good

Summarized the information about their budget. They were able to explain their budget. Summaries were well thought out and included insightful information.



Keywords:
  • Budget, expenses, salary

Subjects:

Types:





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