get your financial planning process started effectively. To make sure you can make ART goals and understand your financial statements. planation his assignment you need to use Excel (a template is included in Blackbeard, but you ad to cut and paste ONLY THE RELEVANT CASH FLOW AND-L BALANCE SHEET RTS and make it work for your situation) into a Word document. It must reflect your n financial situation and be professional in appearance. .l need to include a paragraph or two to describe your current situation such as age. rk experience and situation. family situation, career plans etc. an make a heading for each of three relevant goals you have. You must consider at st two mid or longterm goals {only one can be shortterm). Develop each goal into a ART goal. Write clearly and concisely. s is the start of your term project. your personal financial plan. You need to figure out best categories for expenses that match your situation and start to track this irmation over the term. .l may also want to forecast how you will achieve your goals once you begin to work time. The submitted file needs to be either aWord or PDF file. liverables: Submit on Blackboard as indicated in the Course Outline. 1. A paragraph outlining your current situation. (School. work. plans. live at home or independent. etc.) 2. Your three financial goals with relevant headings. written in SMART format (specific. measurable (numbers). attainable. relevant. and with iimeframes}. [Heading example: Purchase a secondhand Honda Civic in three years.) 3. Your cash ow broken down into meaningful categories for your own situation. This must be done in Excel and pasted into your Word or PDF document. Do NOT include cents in nancial statements. 4. A budget reection (your conclusions) based on what you learned from your cash ow. Do you want to change anything about where you spend your money? 5. Your balance sheet with networth professionally laid out. This must be done in Excel and pasted into your 1Word or PDF document. 6. Note that you must format your nancial statements so that each one fits properly on one page. They cannot be split across two pages. Talk about some tax planning strategies that you can use to minimize taxes. Each sentence must be clear. concise. and correctly written. F?\