You Write a Message and Artificial Intelligence Organizes Your Expenses in Seconds: How to See Where Your Money is Going
In the News
You Write a Message and Artificial Intelligence Organizes Your Expenses in Seconds: How to See Where Your Money is Going
Generative artificial intelligence (GenAI) is permeating more areas, such as money management. With simple written instructions, ChatGPT, Gemini and Claude can help people better understand what they do with their money. They don’t promise profits, but they do offer something increasingly valuable for everyday finances: order and clarity.
These powerful tools are not intended to replace banks or financial advisors, but rather to provide users with something more accessible. This ranges from creating budgets and identifying unnecessary expenses to simulating financial decisions.
The most visible change isn’t in large investment funds, but in everyday life. In practice, these platforms work best as assistants for low-to-medium complex everyday financial tasks.
Sebastián Ramacciotti, Managing Director of EPAM in Argentina explains, “They can help organize expenses, summarize transactions, explain financial concepts in simple terms, create budgets, compare consumption habits and detect recurring imbalances.”
Read the full article here (published in Spanish).
