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Wondering if AI can help you manage your money smarter? We're talking about how AI tools like ChatGPT can boost your financial life, and where they're likely to steer you wrong. Learn practical ways to use AI for tasks like budgeting, organizing your accounts, and saving time, while still knowing when you need a real human advisor to look out for your best interests. Plus, we've got some bonus insider intel from Sim's husband, who's worked in AI for years, for a behind-the-scenes look at what this technology can (and can't) do. If you've wondered whether AI can replace a financial planner — or how to use tech to boost your own money decisions — this one's for you.
Key moments:
(04:35) To be more likable, ChatGPT started flattering users with answers, even when they weren't true or helpful (10:52) You can't rely solely on AI since it'll answer confidently, even when it's wrong (13:48) Where AI shines in finance: calculations, summaries, and organizing complex information (22:16) AI can't hold you accountable or coach your financial habits like a human can (24:50) There's no accountability if AI gives you terrible financial advice (28:56) How we actually use AI tools in our financial planning work
There's no one-size-fits-all for wealth. Get the plan that fits you. Try SLP Wealth for $1, risk free!
Like the show? There are several ways you can help!
By Meagan McGuire4.6
2323 ratings
Wondering if AI can help you manage your money smarter? We're talking about how AI tools like ChatGPT can boost your financial life, and where they're likely to steer you wrong. Learn practical ways to use AI for tasks like budgeting, organizing your accounts, and saving time, while still knowing when you need a real human advisor to look out for your best interests. Plus, we've got some bonus insider intel from Sim's husband, who's worked in AI for years, for a behind-the-scenes look at what this technology can (and can't) do. If you've wondered whether AI can replace a financial planner — or how to use tech to boost your own money decisions — this one's for you.
Key moments:
(04:35) To be more likable, ChatGPT started flattering users with answers, even when they weren't true or helpful (10:52) You can't rely solely on AI since it'll answer confidently, even when it's wrong (13:48) Where AI shines in finance: calculations, summaries, and organizing complex information (22:16) AI can't hold you accountable or coach your financial habits like a human can (24:50) There's no accountability if AI gives you terrible financial advice (28:56) How we actually use AI tools in our financial planning work
There's no one-size-fits-all for wealth. Get the plan that fits you. Try SLP Wealth for $1, risk free!
Like the show? There are several ways you can help!

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