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iRubric: Spending Plan with Reflection rubric

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Spending Plan with Reflection 
Rubric Code: P39C79
Ready to use
Public Rubric
Subject: Finance  
Type: Project  
Grade Levels: 9-12, Undergraduate

Powered by iRubric Spending Plan
  Poor-1 or 2 points

(N/A)

Fair-3 or 4 points

(N/A)

Good-5 points

(N/A)

Income

Poor-1 or 2 points

Both Gross and Net income are missing
Fair-3 or 4 points

Either Gross or Net income is missing
Good-5 points

Both Gross and Net income is listed correctly
Calculations

Poor-1 or 2 points

More than 3 budgeted and/or actual amounts are missing or incorrect and/or end of month balance is missing
Fair-3 or 4 points

No more than 2 budgeted and/or actual amounts are missing or incorrect and/or end of month balance is incorrect
Good-5 points

Budgeted and actual amounts are accounted for and are correct and end of month balance is correct
Expenses

Poor-1 or 2 points

7 or less expenses are present and/or 2 or more are labeled incorrectly
Fair-3 or 4 points

8 or 9 expenses are present and/or no more than 1 is labeled incorrectly
Good-5 points

10 or more expenses are present and labeled correctly as fixed or flexible
Months

Poor-1 or 2 points

Only 1 month is represented
Fair-3 or 4 points

2 or more months are represented and 1 of 2 months is not labeled appropriately
Good-5 points

2 or more months are represented and labeled appropriately
Spreadsheet

Poor-1 or 2 points

The spreadsheet is unorganized and hard to follow
Fair-3 or 4 points

The spreadsheet is somewhat organized and relatively easy to follow
Good-5 points

The spreadsheet is very organized and easy to follow
Reflection
  Poor-1 to 6 points

(N/A)

Fair-7 or 8 points

(N/A)

Good-9 or 10 points

(N/A)

Description of Plan

Poor-1 to 6 points

Little to no details are included and/or description is very unclear
Fair-7 or 8 points

Some details are lacking and/or description is a little unclear
Good-9 or 10 points

Detailed description of how and why you set up your plan the way you did
Explain Net Gain/Loss

Poor-1 to 6 points

Little to no details are included and/or reasons why are very unclear or missing
Fair-7 or 8 points

Some details are lacking and/or reasons why a little unclear
Good-9 or 10 points

Detailed explanation of the net gain or loss and reasons why
Adjustments Needed

Poor-1 to 6 points

Little to no details are included and/or how you plan to make adjustments is very unclear or missing
Fair-7 or 8 points

Some details are lacking and/or how you plan to make adjustments is a little unclear
Good-9 or 10 points

Detailed explanation of how you plan to make adjustments to reach a financial goal
Usefulness of Plan

Poor-1 to 6 points

Little to no details are included and/or explanation is very unclear
Fair-7 or 8 points

Some details are lacking and/or explanation is a little unclear
Good-9 or 10 points

Detailed explanation of why you think your spending plan is or is not useful




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