
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN: 9780133594140
Author: James Kurose, Keith Ross
Publisher: PEARSON
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I know you guys are using AI . Don't you dare give me AI generated answer or plagiarised answer. If I see these things I'll give you multiple downvotes and will report immediately.

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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