2019 Grading Rubric.xlsx

Budget Grading Rubric

Cover Sheet include title, picture and class information Partner Concensus
Occupation (3 pts.)
City, Geographical Region (1 pts.)
Salary (Low to High) (1 pt.)
Years Education (1 pt.)
Benefits (1 pt.)
Gross Monthly Salary (1 pt.)
Net Monthly Salary (Minus 25% For Taxes) (1 pt.)
Monthly Fixed Expenses: (1 pt.)
Rent (Can have one roommate)
Renters Insurance ($10-$15) (1 pt.)
Car Payment (1 pt.)
Car Insurance (Comp./Collision/Liability) (1 pt.)
Credit Card Debt ($200 Balance) (1 pt.)
Student Loans (Half of your cost of education) (1 pt.)
Monthly Flexible Expenses: (1 pt.)
Groceries (90 meals a month)
Car Maintenance (older the car, the more cost) (1 pt.)
Car (Gas) (1 pt.)
Public Transportation (Must Be Practical Urban Area) (1 pt.)
Medical/Dental (Benefits or Basic Individual) (1 pt.)
Retirement (Recommend 15%) (1 pt.)
Electric (Never included in rent) (1 pt.)
Utilities (Garbage, Sewer, Water, Recycle, included) (1 pt.)
Clothing (1 year divided by 12) (1 pt.)
Personal Care (1 year divided by 12) (1 pt.)
Cell Phone (1 pt.)
Cable TV (Bundle, Included in rent) (1 pt.)
Internet (Bundle, Included in rent) (1 pt.)
Laudramat/Washer/Dryer (Included in rent/cost per week) (1 pt.)
Monthly Discretionary Expenses: (1 pt.)
Computer/Laptop (Fund for new and improved)
Restaurants (10-10-15) (1 pt.)
Entertainment (movies, concert, parties, etc) (1 pt.)
Gifts (Birthday and Xmas) (1 pt.)
Savings (Future Goal/Vacation) (1 pt.)
Charity (10%) (1 pt.)
Emergency Fund (1 pt.)
Comparison: (1 pt.)
Monthly Income (Net)
Expenses (1 pt.)
Deficit or Surplus (1 pt.)
Proof: (1 pt.)
10 X 1 pt. each = 10
(10 pts.)
Score: (50 X 2 = 100 Points)
(100 pts.)