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Task: Create a Python Program for Personal Budget Tracking Your goal is to develop a Python program that helps users manage their personal budget. The program should allow users to input their income, various expense categories, and savings. The program should then calculate the remaining balance and provide feedback on their budgeting skills. Follow these guidelines: Start by prompting the user to enter their monthly income. Ask the user to input the amounts spent in various expense categories (e.g., rent, transportation, dining out). Allow the user to input the amount they want to save. Calculate the remaining balance after deducting expenses and savings from the income. Display a summary of the budget, including total income, total expenses, savings, and the remaining balance. Provide feedback on their budgeting skills based on the remaining balance: Remaining balance 30% or more of income: Excellent budgeting! Remaining balance 15-30% of income: Good financial planning. Remaining balance 0-15% of income: Consider adjusting your budget. Remaining balance negative: You've overspent; reassess your expenses. Include multiple-line comments to explain the purpose, input, and output of the program. Use single-line comments to clarify complex statements or justify your reasoning. Maintain proper indentation and use self-documenting variable names for better readability.

Task: Create a Python Program for Personal Budget Tracking Your goal is to develop a Python program that helps users manage their personal budget. The program should allow users to input their income, various expense categories, and savings. The program should then calculate the remaining balance and provide feedback on their budgeting skills. Follow these guidelines: Start by prompting the user to enter their monthly income. Ask the user to input the amounts spent in various expense categories (e.g., rent, transportation, dining out). Allow the user to input the amount they want to save. Calculate the remaining balance after deducting expenses and savings from the income. Display a summary of the budget, including total income, total expenses, savings, and the remaining balance. Provide feedback on their budgeting skills based on the remaining balance: Remaining balance 30% or more of income: Excellent budgeting! Remaining balance 15-30% of income: Good financial planning. Remaining balance 0-15% of income: Consider adjusting your budget. Remaining balance negative: You've overspent; reassess your expenses. Include multiple-line comments to explain the purpose, input, and output of the program. Use single-line comments to clarify complex statements or justify your reasoning. Maintain proper indentation and use self-documenting variable names for better readability.

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Task: Create a Python Program for Personal Budget Tracking Your goal is to develop a Python program that helps users manage their personal budget. The program should allow users to input their income, various expense categories, and savings. The program should then calculate the remaining balance and provide feedback on their budgeting skills. Follow these guidelines: Start by prompting the user to enter their monthly income. Ask the user to input the amounts spent in various expense categories (e.g., rent, transportation, dining out). Allow the user to input the amount they want to save. Calculate the remaining balance after deducting expenses and savings from the income. Display a summary of the budget, including total income, total expenses, savings, and the remaining balance. Provide feedback on their budgeting skills based on the remaining balance: Remaining balance 30% or more of income: Excellent budgeting! Remaining balance 15-30% of income: Good financial planning. Remaining balance 0-15% of income: Consider adjusting your budget. Remaining balance negative: You've overspent; reassess your expenses. Include multiple-line comments to explain the purpose, input, and output of the program. Use single-line comments to clarify complex statements or justify your reasoning. Maintain proper indentation and use self-documenting variable names for better readability.
Transcribed Image Text:Task: Create a Python Program for Personal Budget Tracking Your goal is to develop a Python program that helps users manage their personal budget. The program should allow users to input their income, various expense categories, and savings. The program should then calculate the remaining balance and provide feedback on their budgeting skills. Follow these guidelines: Start by prompting the user to enter their monthly income. Ask the user to input the amounts spent in various expense categories (e.g., rent, transportation, dining out). Allow the user to input the amount they want to save. Calculate the remaining balance after deducting expenses and savings from the income. Display a summary of the budget, including total income, total expenses, savings, and the remaining balance. Provide feedback on their budgeting skills based on the remaining balance: Remaining balance 30% or more of income: Excellent budgeting! Remaining balance 15-30% of income: Good financial planning. Remaining balance 0-15% of income: Consider adjusting your budget. Remaining balance negative: You've overspent; reassess your expenses. Include multiple-line comments to explain the purpose, input, and output of the program. Use single-line comments to clarify complex statements or justify your reasoning. Maintain proper indentation and use self-documenting variable names for better readability.
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