Your friend Dario heard about your personal finance class and asked for your help. Explain to Dario why he should establish a budget and what information he needs.

Which of the following statements describe the importance of a budget? $($Choose all that apply.$)$

A$.$ A well$-$planned budget accurately matches a household's abilities with its financial goals.

B$.$ A well$-$planned budget prepares someone for the future and the unforeseen events that the future holds.

C$.$ A well$-$planned budget reduces a household's expenses while increasing its revenue.

With a well$-$planned budget, money will seem to go farther and he will be able to do more with what he has.