Python Functions Project: Personal Budget Tracker

Objective:

In this project, you will apply your knowledge of Python functions to create a personal budget tracker. The tracker will allow users to input and manage their expenses and income. It will also provide summary reports of their financial situation.

Project Requirements:

Create Functions:

add$\_$income$()$: This function should accept the amount of income as an argument and store it in a variable or data structure $($e$.$g$.,$ a list or dictionary$).$add$\_$expense$()$: This function should accept the expense amount and category $($e$.$g$.,$ food, entertainment, etc.$)$ as arguments, and store them accordingly.get$\_$balance$()$: This function should calculate and return the current balance $($income $-$ expenses$).$show$\_$summary$()$: This function should print a summary of the user$$s income, total expenses, and balance.

Functionality:

The program should allow the user to add multiple income and expense entries.The tracker should track the total income and expenses and give the net balanceImplement error handling to ensure that only valid $($positive$)$ numbers are entered for income and expenses.

User Interaction:

Your program should present a simple text$-$based menu to the user, asking them if they want to:

Add incomeAdd expenseView balanceView summaryExit the program

Use a loop to continue interacting with the user until they choose to exit.

Grading Criteria:

Correct use of functions to structure the program $(60\%).$

Proper handling of user inputs, including error handling $(10\%).$

Clear, user$-$friendly output and formatting $(10\%).$

The logical and efficient design of the code $(20\%).$

Submission Instructions:

Submit your Python script $($filename: budget$\_$tracker.py$)$ by the deadline indicated above.

Ensure that your code is well$-$commented and easy to follow.