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875609648 Intro to Business Chapter 16 Portfolio Activity To provide tangible evidence of your learning about money management and financial planning, do the following: COLLECT examples of financial goals and financial planning activities for your life situation now and in the future. CREATE a financial plan for your situation with the following sections: (1) a summary of current finances—assets, liabilities, monthly cash inflows, and monthly cash outflows; (2) a list of short-term and long-term financial goals; (3) a description of financial actions related to spending, saving, investing, and insurance. Show in a visual format (a flowchart or poster) the elements of your financial plan. CONNECT your financial plan to other items already in your class portfolio, or relate the plan to an important concept you learned in another class. Make the connection by writing a one-paragraph discussion of how financial planning is affected by various economic, social, or political factors.