Powerful AI Tools Can Help You Run Your Personal Finances

But should you really let the bots make decisions about your money?

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Artificial Intelligence is taking over every aspect of our lives, but should you be relying on it when it comes to the really important stuff, like running your personal finances?

The short answer is no. The longer, more nuanced answer is that there are powerful AI tools that can really help in the personal finances space. In fact, AI is probably already a big part of your financial life and you’re likely already using it on a daily basis without really thinking about it.

There are many areas where AI is already all up in your finances, and it’s almost certainly making your life easier. Here are a few of the areas where AI can be of use in the personal finance space.

Budgeting

If you’re still sitting down with a pen and paper to work out your monthly budget, then you’re probably in the minority. AI based budgeting apps like and are a common way that many of us are now using AI in our personal financial lives without really thinking about it as AI.

Most of these apps link to your bank account, and then use AI to do things like categorize transactions, analyze spending patterns and…