Individual Project RubricCourse: PFP110Terminal Course Objectives Week: 1Project CriteriaUnacceptableMinimalCompetentEffectiveMasterySubtotals0Include income in the budget (20%)0Include taxes in the budget (20%)0Include expenses in the budget (20%)0Include personal expenses in the budget (20%)0Grading KeyRangeFeedbackTOTALSMastery90-100Earned Point Total0Effective80-89Competent70-79Total possible Points100Minimal60-69Unacceptable59 ≤Letter Grade:F• Develop personal financial goals based on an understanding of the process for making personal financial decisions. • Design a personal budget. • Identify common income tax minimization strategies. • Analyze the advantages and disadvantages of consumer credit. • Demonstrate the concept of the time-value of money through the use of examples. • Utilize the WWW to research, select, and monitor investments. • Discuss the financial differences and the costs and benefits of renting and of home ownership. • Identify different types of insurance and evaluate the appropriateness of the insurance for different situations. •
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