New Delhi: Whether it’s making investments or tracking daily expenditure, managing your money can be stressful. But now you can leave that to AI. OpenAI’s ChatGPT has rolled out a new personal finance feature that lets you connect your bank account to it and get detailed financial advice.
OpenAI launched the preview version of the new feature on 15 May for Pro users in the US.“Now you can securely connect your financial accounts, see a dashboard of where your money is going, and ask ChatGPT questions grounded in your financial context—all while staying in control of your data,” OpenAI said in a statement.
To get started, users must give OpenAI direct access to their financial accounts on iOS or web. Currently, it supports over 12,000 financial institutions, including Bank of America and American Express.Once the set-up is done, ChatGPT will analyse your data and produce a detailed dashboard, displaying your net worth, monthly expenditure, category-wise recent transactions, and even upcoming payments.Through pie charts and line graphs, users can figure out where they can save money and where they need to invest more. Beyond this, Pro users can also feed into ChaGPT information related to mortgage and stock investments, and ask personal finance questions such as “how can I save up to buy a house next year”, “is it wise to invest in gold now”, or “will this stock give me good returns in the future”.
