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The Budget Tracker tool is a web-based application that helps users manage their finances by tracking their income and expenses. It allows users to input their income and expense amounts, and it provides a summary of their total income, total expenses, and the remaining balance.
Users can enter income amounts in the "Income" section and expenses in the "Expenses" section. By clicking the corresponding buttons, the entered amounts are added to the respective totals. The tool dynamically updates the summary section, displaying the current total income, total expenses, and the calculated balance.
Additionally, the Budget Tracker provides a visual representation of the income versus expenses using a pie chart. The chart is automatically generated and displayed in the "Chart" section, allowing users to visualize the distribution of their income and expenses.
Overall, the Budget Tracker tool offers a simple and intuitive way to track and manage personal finances. It enables users to have a clear understanding of their financial situation, make informed decisions, and maintain better control over their budget.