AI Tools for Money Management: The Future of Personal Finance

Discover how artificial intelligence can revolutionize the way you manage your money. From budgeting and expense tracking to investment recommendations, explore the potential of AI tools in optimizing your financial journey.

7/12/20231 min read

laptop computer on glass-top table
laptop computer on glass-top table

Discover how artificial intelligence can revolutionise the way you manage your money. From budgeting and expense tracking to investment recommendations, explore the potential of AI tools in optimising your financial journey.

Read this article on how to utilise AI to assist you.

https://www.cnbc.com/2023/07/10/how-to-use-ai-to-make-money-right-now-say-experts.html

It's not all rainbows and pots of gold!

There are risks to AI.

  1. Limited education in AI. All buzzwords are AI has access to internet now, there may be issues of it being wrong! It also may make up information.

  2. Privacy concerns. Know that when you access it, it'll be tracking you...

  3. There is no emotion in AI. It doesn't have what we have... intuition

  4. Regulation compliance - Know before you use it to say invest in the market, it may break rules