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Types of Graphs Penny Uses

Learn about the different types of graphs Penny uses to display your financial information

Penny uses various types of graphs to present your financial data in a visually compelling way:

  1. Bar Graphs:

    • Perfect for comparing expenses across different categories, such as food, transport, and entertainment. Bar graphs help you see which categories take up the most of your budget.

  2. Pie Charts:

    • Ideal for showing the proportion of your total spending across different categories. For example, a pie chart can visually break down how much of your monthly budget goes towards essentials like rent, groceries, and utilities versus discretionary spending.

  3. Line Graphs:

    • Used to track changes over time, such as the growth of your savings or the trend in your monthly spending. Line graphs can help you see long-term progress or trends in your financial habits.

By using these visual tools, Penny helps you stay on top of your financial health, allowing you to make adjustments and plan better for the future.