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iRubric: Budget Rubric

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Budget Rubric Budget Rubric Students will create a budget based on a minimum wage income Rubric Code: VX6W9A4 By eguerra1 Ready to use Public Rubric Subject: Vocational Type: Project Grade Levels: 9-12

Budget Rubric
	Excellent 100 pts	Good 75 pts	Fair 50 pts	Poor 25 pts
Organization and neatness	Excellent The Budget is easy to read and understand. Categories are clearly labeled and amounts are entered into each category.	Good The Budget is easy to read and understand. Most categories are clearly labeled and amounts are entered into each category.	Fair The Budget is easy to read and understand. Most categories are clearly labeled and almost all amounts are entered into each category.	Poor The Budget is not easy to read and understand. Categories are not clearly labeled and many amounts are not entered into categories.
Correctness	Excellent The budget created is based upon a minimum wage job. The amounts in each category add up to the net income earned in a two week period of time.	Good The budget created is based upon a minimum wage job. The amounts in each category add up to the net income earned in a two week period of time. A calculation error was made in one of the categories.	Fair The budget created is based upon a minimum wage job. The amounts in each category do not add up to the net income earned in a two week period of time. Two or more calculation errors were made in the categories.	Poor The budget created is not based upon a minimum wage job. The amounts in each category do not add up to the net income earned in a two week period of time.
Realness	Excellent The categories in the budget reflect real expenses the student would incur after high school and include rent, transportation and two weeks of groceries.	Good The categories in the budget reflect some real expenses the student would incur after high school and include rent, transportation and two weeks of groceries. Either rent or transportation are missing.	Fair The categories in the budget reflect some real expenses the student would incur after high school and include rent, transportation and two weeks of groceries. Both rent and transportation are missing.	Poor The categories in the budget reflect some real expenses the student would incur after high school and include rent, transportation and two weeks of groceries. Groceries are missing from the budget.