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:

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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 outnut
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 outnut
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