Budget+Rubric

Budget Sheet

 * BUDGET SHEET **

The student will be expected to develop a personal budget that integrates all of the above activities. The student will learn about setting up a personal budget in class, so they may use those skills learned and they may use some Additional Resources provided below. The budget should be placed at the back of the booklet, and IT MUST BALANCE!

Computation Chart

 * ** FICA ** tax is 6.2% of monthly earnings and **Medicare** tax is 1.45% of monthly earnings.
 * ** Federal ** **Taxes**- claiming **one**- over $30,000 annual=11%, under $29,999=9%, and under $20,000=5% for this project.
 * ** State ** **Taxes**-over $30,000 annual=4%, under $29,999=3%, under $20,000=2%

Items to Print

 * [[file:Grading_Rubric.pdf]]
 * [[file:Monthly_Budget_Report_Sheet.pdf]]
 * [[file:PACED_DECISION-Making_Model.pdf]]


 * Copy & Paste the documents below into Word to add your personal information**:
 * [[file:Monthly_Budget_Report_Sheet Personal.docx]]
 * [[file:PACED_DECISION_form Personal.docx]]

Additional Resources
*Listed below there are a few websites that may provide some general financial help in setting up a budget and tips for saving money, etc.*
 * The Clark Howard Show
 * Crown Financial Ministries
 * Dave Ramsey
 * Money Central (from MSN.com)
 * Personal Budgeting Tips
 * Reader’s Digest Living (Money)