Prompt the user to enter their monthly income. Ask the user to input expenses in different categories: Rent or Mortgage Transportation (e.g., gas, public transit) Health (e.g., insurance, medications) Hobbies and Leisure Allow the user to input the amount they want to allocate for savings. Calculate total expenses by summing up individual expenses. Calculate the remaining balance by subtracting total expenses and savings from income. Display a summary including total income, total expenses, savings, and remaining balance. Provide feedback based on the remaining balance: If remaining balance is 25% or more of income, display "Fantastic budgeting!" If remaining balance is 15-25% of income, display "Solid financial planning." If remaining balance is 5-15% of income, display "Consider optimizing your budget. If remaining balance is negative, display "Review your expenses; you might be overspending." Create a new C++ program for personal budget tracking with these updated categories and feedback criteria.

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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Prompt the user to enter their monthly income.
Ask the user to input expenses in different categories:
Rent or Mortgage
Transportation (e.g., gas, public transit)
Health (e.g., insurance, medications)
Hobbies and Leisure
Allow the user to input the amount they want to allocate for savings.
Calculate total expenses by summing up individual expenses.
Calculate the remaining balance by subtracting total expenses and savings from
income.
Display a summary including total income, total expenses, savings, and remaining
balance.
Provide feedback based on the remaining balance:
If remaining balance is 25% or more of income, display "Fantastic budgeting!"
If remaining balance is 15-25% of income, display "Solid financial planning."
If remaining balance is 5-15% of income, display "Consider optimizing your budget."
If remaining balance is negative, display "Review your expenses; you might be
overspending."
Create a new C++ program for personal budget tracking with these updated
categories and feedback criteria.
Transcribed Image Text:Prompt the user to enter their monthly income. Ask the user to input expenses in different categories: Rent or Mortgage Transportation (e.g., gas, public transit) Health (e.g., insurance, medications) Hobbies and Leisure Allow the user to input the amount they want to allocate for savings. Calculate total expenses by summing up individual expenses. Calculate the remaining balance by subtracting total expenses and savings from income. Display a summary including total income, total expenses, savings, and remaining balance. Provide feedback based on the remaining balance: If remaining balance is 25% or more of income, display "Fantastic budgeting!" If remaining balance is 15-25% of income, display "Solid financial planning." If remaining balance is 5-15% of income, display "Consider optimizing your budget." If remaining balance is negative, display "Review your expenses; you might be overspending." Create a new C++ program for personal budget tracking with these updated categories and feedback criteria.
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