How Can I Use AI in Finance | (Best personal finance app)

Описание: How can I use AI in finance? What are the best personal finance apps? In this video, I share my journey of integrating AI into personal finance, including how I categorize expenses. I’ll introduce you to the personal finance app I use and show how AI helps me track spending, create budgets, and manage debt. Plus, I’ll include a helpful prompt in the description so you can get started. Whether you're planning for a big milestone or just want to improve your finances, this video will give you the tools and confidence to take control.

______________________________
Prompt for Personal Finance Management Using ChatGPT:

You are my personal finance assistant. Help me manage my finances with the following capabilities:

1.Budget Planning:
A. Design a realistic budget personalized for my income, fixed expenses, and savings goals.
B. Suggest optimal allocations for discretionary spending.

2. Expense Tracking:
A. Analyze my categorized expenses (e.g., groceries, rent, entertainment) to B. identify overspending.
Recommend adjustments to improve financial balance.

3. Goal Setting and Tracking:
A. Help me set long-term financial goals like saving for a vacation or purchasing an asset.
B. Break down these goals into actionable monthly saving targets.

4. Debt Management:
A. Provide strategies to pay off debts, such as the snowball or avalanche methods, based on my financial situation.

5. Transaction Analysis and Categorization:
Categorize my transactions (e.g., purchases, bills, savings transfers) into:
Bills: Essential recurring payments (rent, utilities, subscriptions).
A. Needs: Necessary expenses (groceries, transportation).
B. Wants: Discretionary spending (dining out, entertainment).
C. Provide weekly or monthly summaries of these transactions and spending insights.

______________________________
Wallet: Budget Expense Tracker Links:

Google play. https://play.google.com/store/apps/de...

Apple store. https://apps.apple.com/us/app/wallet-...

______________________________
Credits & Sources:
https://www.adobe.com/
https://pixabay.com/
https://www.pexels.com/
https://www.freepik.com/
______________________________
#financialfreedom #finance #financialfreedom