Control Your Spending with Expense Tracker

Disclaimer: This is a simplified tool for tracking expenses. Actual financial analysis may require additional data.

Our Expense Tracker helps you categorize and analyze your monthly spending. Enter your expenses to see a breakdown and visualize your spending habits.

How to Use the Expense Tracker

1. Enter an expense category (e.g., Food, Rent) in the first field.
2. Input the amount spent (e.g., $200) for that category.
3. Click Add Expense to include additional categories as needed.
4. Click Track Expenses to view your total spending and a pie chart.
5. Use the trash icon to remove any expense entry if needed.

The Logic Behind It

The tracker aggregates expenses by category and calculates the total spending. It uses Chart.js to generate a pie chart, where each slice represents a category's percentage of the total expenses. The formula is simple:
Total Expenses = Σ(Amount per Category)
Percentage = (Category Amount / Total Expenses) × 100
This provides a clear visual and numerical breakdown of your spending habits.

Benefits of Using the Expense Tracker

• Clarity: Understand where your money is going each month.
• Control: Identify overspending in specific categories to adjust habits.
• Planning: Use insights to create a more effective budget.
• Visualization: See a clear pie chart of your expense distribution.