Econ Budget Project Grading Rubric – Month 2

Name: ______Period: ______

Net Income____ / 5TV/Internet____ / 5

Savings/Total____ / 5Cell Phone/Plan____ / 5

Rent____ / 5Entertainment____ / 10

Sundries____ / 10Home Items____ / 10

Food____ / 5Miscellaneous____ / 10

Health Insurance____ / 5Starting Checking____ / 10

Water/Electric____ / 5Remaining / Total Checking ____ / 10

Missing Items (Corrections for next month are marked above with an “x” or a box):

______

______

Grade: ______All Month 1 Corrections Made: YES NO -_-

Grading Abbreviations:

P (Proof missing), CS (Cover Sheet incorrect/missing), # (Cover Sheet & or proof not numbered), X (Missing items), ? (I have no idea what this is), OOO (out of order), M1C (Month 1 Correction not made)

Month 2: Must provide PROOF for every new purchase! Due Thursday, March 23rd!

  • Savings should still be 5%, but your total savings will be 2 months of savings added together (2 x $111). You may do a higher % if you’d like, but make a cover sheet.
  • Sundries: Must provide a cover sheet/list of all of these items, prices, & proof.
  • (7)TP, PT, Shampoo, Soap, Deodorant, Toothbrush, Tissues, (Feminine Products)
  • Home Items: Must provide a cover sheet/list of all of these items, prices, & proof.
  • Couch (if you bought a Futon in month 1, you must buy a mattress & frame),
  • Coffee Table,
  • 1 of the following: (Laptop, Ipad/Tablet, or Desktop Computer),
  • Lamp & Light bulb,
  • Laundry Basket,
  • Toaster or Toaster Oven,
  • Microwave
  • Entertainment: Must provide a cover sheet/list of all of these items, prices, & proof.
  • 1 movie or video game or Netflix/Hulu
  • 1 concert or sports event
  • 1 dinner date for 2…your choice where you go, but it cannot be fast food. #Tip
  • 1 additional activity of your choice so long as you leave the house (ex. Bowling)
  • Miscellaneous: Must provide a cover sheet/list of all of these items, prices, & proof.
  • Scissors, tape, super glue (the basics one would need around the house)
  • Chap stick or Lipstick for Ladies
  • Set of Steak Knives (sharp knives, must be real, not plastic).
  • Hair Cut, or a clipper set if you shave your own head.
  • Wireless Router & Modem (or rent from internet provider – must show proof)
  • Sunglasses – 1 pair
  • Clothes: (2 different outfits – head to toe)
  • 1 Outfit for work
  • (Men: Shirt, Tie, Belt, Shoes, & Pants…Suit if you’d like)
  • (Women: Dress, or Top, Belt, & Pants, or Pants Suit , Shoes)
  • 1 Outfit for social activities (whatever you wear when you leave your house)
  • You still pay allbills, but you do NOT have to reprint old proof
  • Number your cover sheets & proof for each of the above sections.
  • Make sure your CS have totals & details!
  • Do not re-pay any start-up, application, or 1 time fees (like SD or Cell Phone). You still have to pay the monthly cost though.

Budget Sheet - Month2

Per Month Avg.:

Gross$ ______

Taxes$ ______

Net$ ______

Bills: (Per Month)

Savings: ____% = $ ______

Rent: $ ______

Food: $ ______

Sundries: $ ______Total Savings:

Health Insurance: $ ______

Electric: $ ______

Water: $ ______

Cable/Sat. TV:$ ______

Internet: $ ______Total Checking:

Cell Phone:$ ______

Entertainment: $ ______

Home Items:$ ______

Miscellaneous:$ ______

Corrections: $ ______(Anything you forgot from Month 1)

Total Bills:$ ______(Add all bills, from Savings thru Corrections)

Starting Checking Amount:$ ______(Month 1’s Total Checking)

Net Monthly Income: $ ______(Same NET Income as Month 1)

Total Bills: $ ______

Remaining Amount: $ ______(New Total Checking Amount)