A budget is a financial plan. We need information from a number of areas to complete our budget. Such information includes: 1). Listed details of our daily, weekly and monthly expenditure. This may take us a lot of time, but we know ourselves, we know how we shop, and we can notice any trends in our spending. So this can be a very worthwhile and revealing exercise! 2). Complete and up-to-date details of all our bank accounts. We should spend time reviewing the records or Bank Statements, noting the flow of funds into and out of those accounts. 3). Possible contingencies that might arise. Contingencies are expenses that occur unexpectedly, and we need to set aside an amount in case this happens. 4). Short-, medium-, and long-term plans. It is advisable that our personal budgets should reflect the hopes we have for our lives. Question: According to the passage, A budget is a financial plan, which includes 1) listed details of our daily, weekly and monthly expenditure; 2) complete and up-to-date details of all our bank accounts; 3) possible contingencies that might arise; and 4) short-, medium-, and long-term plans.