This Signature Assignment assesses the following skills in addition to your knowledge of the Financial Literacy material.
Critical Thinking Skills – to include creative thinking, innovation, inquiry, and analysis, evaluation and synthesis of information.
Communication Skills – to include effective development, interpretation and expression of ideas through written, oral and visual communication.
Empirical and Quantitative Skills – to include the manipulation and analysis of numerical data or observable facts resulting in informed conclusions.
The assignment is divided into two sections: the rough draft and budget worksheet, and the final draft which includes the work from the rough draft and budget worksheet.
Part 1: Background (one paragraph)
Write a paragraph describing the average salary for a high-school graduate with no further education who works in your geographical area. Support this paragraph with at least one source. Include in your paragraph at least three reasons you are seeking higher education.
Part 2: Future considerations (two paragraphs)
Write a paragraph describing your employment plans after graduation. Address each of the following questions, supporting your factual statements with sources. What job title will you seek? Why do you want this job? What training and education is required for it? What is the difference between the salary of a high-school graduate in your geographical area and a person in your desired position and location?
Write a paragraph describing the average cost of living in your desired location. Support this paragraph with at least two sources. Address each of the following questions. What is the average cost of rent? Utilities? Transportation? Healthcare?
Part 3: Develop a budget (two paragraphs and a worksheet)
Find three Internet sites that provide budgeting advice. Write a paragraph summarizing basic budgeting information, supported by those three sources.
Estimate your future bills based on the information you gathered in Part 2 and complete this budget worksheet
Make sure your budget is balanced, you shouldn’t spend more than you’ll be making!
Write a paragraph summarizing your future budget.
Part 4: Submit a rough draft
Convert your five paragraphs and budget worksheet to a single .pdf and upload it to Canvas. You should expect to have about a page and a half of writing, two pages for the budget worksheet, and a bibliography. Your rough draft should meet the following formatting guidelines:
do not include your name in your document
no cover page
twelve point font
one inch margins
double-spaced
use APA formatting
only submit one file
Once you have submitted your rough draft, you will be assigned three papers to peer review. Your feedback will be due to your peers no later than two weeks after the due date for the rough draft and budget worksheet.
Your rough draft, budget worksheet, and peer reviews will be 30% of your total Signature Assignment grade. If you do not submit a rough draft, you will not be able to do the peer reviews, which will result in the automatic loss of 30% of your Signature Assignment grade.
MATH 1301 Peer Review for Rough Draft and Budget
Criteria Ratings Pts
This criterion is linked to a Learning Outcome
Budget
Is it balanced? Is anything missing? What changes, if any, do you recommend making?
5 pts
This criterion is linked to a Learning Outcome
Formatting
Is it a single file with 12-point font, one inch margins, double-spaced?
5 pts
This criterion is linked to a Learning Outcome
Bibliography
Is it included?
Does it contain the required number of sources?
Is it formatted correctly?
5 pts
This criterion is linked to a Learning Outcome
Part 1
Is all the information there? Is it supported by sources? Include any additional recommendations.
5 pts
This criterion is linked to a Learning Outcome
Part 2
Is all the information there? Is it supported by sources? Include any additional recommendations.
5 pts
This criterion is linked to a Learning Outcome
Part 3
Is all the information there? Is it supported by sources? Include any additional recommendations.
5 pts
Total Points: 30
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