Criticism on one of my first completed programs in Python

[DeaD_EyE]

What happens if you add $0.1 and $0.2?
If you operate with money, then use integer in the smallest money unit (cent), or use decimal.Decimal.

I have seen, that you're catching exceptions.
It's better to do only the operations in the try block, where may occur an exception.
Be more specific, if you catch an exception.

Example with your getBalance function.

def get_balance():
    while True:
        try:
            balance = float(input("Enter an initial balance: $"))
        except ValueError:
            print("You must enter a valid float")
            continue
        if not balance > 1000:
            break
        else:
            print("Error: Higher than $1000")
    return balance

When using Decimal, there is a different Exception. Which one is easy to try it in the repl or reading the documentation.

from decimal import Decimal, InvalidOperation


def get_balance_decimal():
    while True:
        try:
            balance = Decimal(input("Enter an initial balance: $"))
        except InvalidOperation:
            print("You must enter a valid decimal")
            continue
        if not balance > 1000:
            break
        else:
            print("Error: Higher than $1000")
    return balance

print(get_balance() + get_balance())

Output:
Enter an initial balance: $0.1
Enter an initial balance: $0.2
0.30000000000000004

print(get_balance_decimal() + get_balance_decimal())

Output:
Enter an initial balance: $0.1
Enter an initial balance: $0.2
0.3