Rubric Name: Personal Financial Plan Rubric
Criteria Exceptional Acceptable Minimum Effort
Cover Page
Contains graphic/illustration, name of project, your name,
course name, and semester; creativity is evident
Contains name of project, your name, course name, and
semester
Contains some of the following: name of project, your name,
course name, and semester
Table of Contents
Heading, sections clearly labeled with leaders and page
numbers
Heading, sections labeled with page numbers
Missing sections, not clear
Career Planning
Describe life situation providing details related to marital
status, children, occupation, and income.
Investigate career. Determine
annual salary. If married, provide
spouse’s. Include job advertisement.
Describe life situation providing details related to marital
status, children, occupation, and income.
Provide annual salary. If
married, provide spouse’s.
Identify marital status, children, occupation, and
income. Determine annual salary. If married, provide spouse’s.
Financial Goals
Clearly written; contains at least two short-term financial
goals and three long-term financial goals
Clearly written; contains at least one short-term goals and
two short-term goals
Goals are not clearly written, contains only one short-term
and one long-term financial goal
Banking Services
Well written, clearly explains services provided at various
institutions (at least three), materials provided (from at least one),
institution and services you will use are identified, justification is provided
for choice of institution and services
Well written, clearly explains services provided at various
institutions (at least two), institution and services you will use are
identified, justification is provided for choice of institution and services
Well written, explains services provided at institution you
will use, identifies services you will use, explanation is provided for choice
of institution and services
Housing Decision
Information and materials provided on investigation of
housing options available, choice is explained in detail, sources of credit are
explained and your selection is identified and explained in detail, monthly
expenses related to your decisions are provided
Information provided on investigation of housing options
available, choice is explained in detail, sources of credit are explained and
your selection is identified and explained in detail, monthly expenses related
to your decisions are provided
Housing options available are identified, choice is
explained, sources of credit and your selection are identified, monthly
expenses related to your decisions are provided
Automobile
Information and materials provided on investigation of auto
options available, choice is explained in detail, sources of credit are
explained and your selection is identified and explained in detail, monthly
expenses related to your decisions are provided
Information provided on investigation of auto options
available, choice is explained in detail, sources of credit are explained and
your selection is identified and explained in detail, monthly expenses related
to your decisions are provided
Auto options available are identified, choice is explained,
sources of credit and your selection are identified, monthly expenses related
to your decisions are provided
Insurance
Detailed description of types of insurance you need,
materials provided, explanation of types and providers and why you made these
choices, monthly expense related to your decisions are provided
Description of types of insurance you need, explanation of
types and providers and why you made these choices, monthly expense related to
your decisions are provided
Auto options available are identified, choice is explained,
sources of credit and your selection are identified, monthly expenses related
to your decisions are provided
Investments
Detailed explanation and investigation materials of
different types of investments, justification for your selection of at least two
types of investments, detailed explanation of expenses and risk associated with
the investments selected
Detailed explanation of different types of investments,
justification for your selection of at least one type of investment, detailed
explanation of expenses and risk associated with the investment you selected
Explanation of different types of investments, justification
for your selection of at least one type of investment, identify expenses and
risk associated with the investment you selected
Monthly Budget
Detailed monthly budget which includes income and expenses,
detailed explanation of whether budget will allow you to meet your financial
goals (see above), explanation as to whether or not you had to make changes to
have a zero or positive balance
Detailed monthly budget which includes income and expenses,
detailed explanation of whether budget will allow you to meet your financial
goals (see above)
Monthly budget which includes income and expenses,
explanation of whether budget will allow you to meet your financial goals (see
above)
Overall Score Exceptional Acceptable Minimum Effort
