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Develop a Python program that assists users in managing their monthly budget. The program will prompt users to input their expenses for various categories (such as groceries, utilities, transportation, entertainment, etc.) and calculate the total monthly expenses. It will then analyze the distribution of expenses across categories and provide feedback on spending habits. Follow these specific program details:

Develop a Python program that assists users in managing their monthly budget. The program will prompt users to input their expenses for various categories (such as groceries, utilities, transportation, entertainment, etc.) and calculate the total monthly expenses. It will then analyze the distribution of expenses across categories and provide feedback on spending habits. Follow these specific program details:

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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Develop a Python program that assists users in managing their monthly budget. The program will prompt users to input their expenses for various categories (such as groceries, utilities, transportation, entertainment, etc.) and calculate the total monthly expenses. It will then analyze the distribution of expenses across categories and provide feedback on spending habits. Follow these specific program details: Begin the program by prompting the user to input their expenses for each category. Calculate the total monthly expenses. Display the total monthly expenses to the user. Analyze the distribution of expenses across categories and provide feedback based on the following criteria: Groceries: Less than 20% of total expenses- Consider allocating more budget for essential items. Utilities: Between 5% to 10% of total expenses - - Maintaining a reasonable range. Transportation: More than 15% of total expenses Evaluate options for cost-saving. Entertainment: More than 20% of total expenses - Consider adjusting leisure spending. Ensure that your code is readable and self-documented: Include multiple-line comments to identify the owners, explain the purpose, and specify the input and output of the code. Use single-line comments to explain complicated or confusing statements and justify your reasoning (at least 3). Format your code with proper indentation and white spaces for better readability. Use self-documenting variable names. Evaluate your program: Provide test cases with different expense distributions and explain the output
Transcribed Image Text:Develop a Python program that assists users in managing their monthly budget. The program will prompt users to input their expenses for various categories (such as groceries, utilities, transportation, entertainment, etc.) and calculate the total monthly expenses. It will then analyze the distribution of expenses across categories and provide feedback on spending habits. Follow these specific program details: Begin the program by prompting the user to input their expenses for each category. Calculate the total monthly expenses. Display the total monthly expenses to the user. Analyze the distribution of expenses across categories and provide feedback based on the following criteria: Groceries: Less than 20% of total expenses- Consider allocating more budget for essential items. Utilities: Between 5% to 10% of total expenses - - Maintaining a reasonable range. Transportation: More than 15% of total expenses Evaluate options for cost-saving. Entertainment: More than 20% of total expenses - Consider adjusting leisure spending. Ensure that your code is readable and self-documented: Include multiple-line comments to identify the owners, explain the purpose, and specify the input and output of the code. Use single-line comments to explain complicated or confusing statements and justify your reasoning (at least 3). Format your code with proper indentation and white spaces for better readability. Use self-documenting variable names. Evaluate your program: Provide test cases with different expense distributions and explain the output
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