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iRubric: Saving the Consumer - Budgeting Your Future rubric

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Saving the Consumer - Budgeting Your Future 
Student will write a paper and create a budget that meets short and long term personal goals and can immediately be applied to their current life situation.
Rubric Code: RX54CW4
Ready to use
Public Rubric
Subject: Finance  
Type: Project  
Grade Levels: 9-12, Undergraduate

Powered by iRubric Saving the Consumer
  Poor

5 pts

Fair

15 pts

Good

20 pts

Excellent

25 pts

Goals: Long Term & Short Term

Poor

Poorly defined; lacking measurability and obtainability.
Fair

Defined clearly, but poorly measured. Goals are unobtainable barring a miracle.
Good

All goals are well defined and measurable. Some may set the bar too low/high creating a sense of false accomplishment or inability to obtain.
Excellent

All goals are clearly defined, measurable and obtainable. Will require financial responsibility and sacrifice in order to obtain.
Content & Ideas

Poor

Does not respond to the assignment, lacks a central idea. Neglects to discuss the methodology and/or theories supporting the idea. Incorrect math makes budget invalid.
Failed to address how to accomplish goals.
Fair

Responds to the assignment but with weak ideas. Does not seem to fully understand the methodologies and/or theories discussed. Incorrect math complicates understanding. May have left out a goal or poorly defined a plan to accomplish it.
Good

Responds to the assignment with clear ideas. Understands the theories/methodolgiesbehind the idea but may not apply them all appropriately. Mathematics may contain a few inconsequential errors. All goals have been addressed and a plan established.
Excellent

Clearly defined ideas and understanding of concepts. Strong application of different theories / methodologies throughout. Math is without error. Goals are achievable based on this plan.
Support

Poor

Uses outdated or irrelevant data, or lacks supporting evidence entirely.
Fails to site sources.
Fair

Often fails to site sources relying heavily on personal experiences and opinions. Provides supporting documentation in most instances but failing in others.
Good

Provides reasoning and support of most points, using varied resources. Interprets the evidence and explains the connections between its goals and ideas. Demonstrates understanding of supporting documentation.
Excellent

Uses supporting documentation appropriately and effectively, providing sufficient evidence and explanation to convince. Paints an obtainable picture.
Organization, Coherence, Mechanics

Poor

Lacks transitions, coherence, and appreciable organization. Contains a great deal of mechanical / mathematical errors making it difficult to read.
Fair

Sporadic transitions and organization prevent coherence throughout. Mechanical errors may block readers ability to understand and connect the thoughts. Contains substantial mathematical errors.
Good

Shows a logical progression of ideas and more sophisticated transitional devices. Each paragraph is clear and relates to the central or supporting ideas. May contain a few mathematical / mechanics errors that do not effect the readers understanding.
Excellent

Logically arranged and sophisticated. Contains smooth transitions from one idea to the next. Budget can be easily understood by others in similar situations; offers transferrability.




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