Lately, I’ve been exploring new ways to improve how I manage my finances. Budgeting apps and trackers are helpful, but I’ve been wondering: could something more interactive and personalized, like an AI coach, make things easier?
For example, a tool that adapts to your financial goals in real-time—whether it’s saving for something big, paying down debt, or just managing monthly bills better. Instead of only tracking spending, it could offer solutions on how to cut costs or optimize payments based on your specific situation.
What do you think? Would having a tool like this feel more helpful, affordable, or personalized? Or do you prefer traditional methods like talking to an advisor?
Love to hear your thoughts—especially if you’ve ever thought about how AI could play a role in personal finance.
Question: why track past expenses? It seems super time-consuming. I think it’s better to focus only on forecasting. Right now, I don’t see how AI could help. Budgeting is really just about your own needs, like paying rent—what can AI do for that?
Bay said:
AI can help answer two big questions: what you need based on your preferences and how much you need. It could definitely learn from your choices!
That makes sense! If it adapts to your spending habits, it could be really useful.
I wouldn’t involve AI in my budget because I’m worried about my data. Even if it was secure, I just don’t trust AI to tell me what to do with my money. People go to school for this, and I don’t think AI is smart enough to replace that yet.
I think a hybrid approach could work. Using both AI tools for tracking and having human advisors for complex decisions might be the best of both worlds.
Lior said:
I think a hybrid approach could work. Using both AI tools for tracking and having human advisors for complex decisions might be the best of both worlds.
I like that idea! Combining tech with personal advice could really optimize budgeting.