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How to use AI in managing your finances

However,

How use ai managing your new: Nevertheless,

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While Canadians. Consequently. Furthermore, Quebecers are increasingly turning to conversational agents of artificial intelligence (AI) to help them in their daily tasks such as meal planning, training programs and even the development of travel routes, some also use them to manage their money.

Posted at 9:00 a.m. Furthermore,

Ritika dubey Canadian press

“He is a real personal financial assistant. Meanwhile, ” explains Martin Dasko, creator of content specializing in personal finances.

Mr. Therefore. Meanwhile, Dasko uses AI how use ai managing your new in particular to establish how use ai managing your savings plans for the coming holidays by indicating to Chatgpt his savings objective. Meanwhile, asking him for a plan to achieve this amount in a specific time.

“He will provide you with a monthly plan to follow,” he explains. Consequently, Everything is centralized. Moreover, […] You can get a table, a graph, and it’s easier than ever. »»

In the era of autonomous investment. guest robots. IA dialoguers have become an essential tool for many young people in order to establish budgets and define financial objectives. But the experts say that it is essential to have a good knowledge of your finances to obtain relevant answers.

“It takes a little work to be sure of the figures obtained [et s’assurer qu’ils. sont précis] “Explains Katelyn Aitcheson. financial planner at how use ai managing your new Sun Life, about IA dialogue agents.

how use ai managing your

This implies knowing the bases. such as the difference between fixed expenses and variable expenditure, recurring expenses and punctual expenditure, and even your net assets.

General responses – How use ai managing your – How use ai managing your new

Mme Aitcheson remembers a client who had recently bought a new house. who had turned to a generative AI dialogler to help her choose between life insurance or mortgage insurance.

“It gave him a general overview of the differences between personal life insurance and mortgage insurance,” said Mr.me Aitcheson. However, AI’s response lacked nuances.

The dialogler did not indicate to the client that she could take out additional insurance. to cover the replacement of income. that it could potentially reduce her personal life insurance coverage over time, specifies how use ai managing your new Mme Aitcheson.

However, the Dialogurs IA how use ai managing your find their place in daily financial management.

“For many people. being able to quickly. easily access basic information and stand out from the rest is, I think, very powerful,” agreesme Aitcheson.

She adds that technology made it possible to obtain a fairly precise distribution of money allocated to financial objectives. such as retirement savings or reimbursement of a student loan, or at least put the user on the right track.

Mr. Dasko explains that the most common order is: “Help me to create a monthly budget with income and expenses. »»

“The AI would then offer a budget style as part of which everyone could. choose [les options qui l’intéressent] ».
he testifies.

Mr. how use ai managing your new Dasko suggests then personalizing the plan with orders such as: how use ai managing your “Where can I save. $ 100 to start saving more?” “Or” Help me to save $ 10,000 next year “, and” What is a monthly, weekly or realistic quarterly plan? ».

Sensitive information

But it is not always prudent to ask AI questions likely to contain sensitive information. warns Jane Arnett, specialist in cybersecurity at Check Point.

Canada does not yet have legislation protecting AI users. and it is difficult to know how the data is stored or used.

“Take a moment to think: with what I put here. what would happen if I transmitted it to someone who is trying to steal me right now?” “Explains Mme Arnett.

“Basically, starting from the principle that everything you how use ai managing your new enter these systems is public information,” she adds.

It also warns that users may receive erroneous or incomplete information if the instructions lack precision.

“You could end up with erroneous advice that may apply to Americans. but not to Canadians, or who may even be obsolete,” she said.

Mme Arnett suggests checking the information or the financial plan provided by the AI dialogue with a financial advisor.

“You will know more and will have a more in-depth conversation with your financial planner,” she concludes.

Further reading: Cords for travelers with invisible disabilities appreciatedBP gives up its American wind turbine assets to LS Power as part of its disengagement planAmazing scene: flames escape from the engine of a Boeing shortly after takeoffSalt invoice: this how use ai managing your new is why your reese’s will cost moreFrom July 24, humanity lives on ecological credit.

Further reading: “Superintelligence”: Meta will invest “hundreds of billions of dollars” in IA infrastructure – 07/15/2025 at 10:16Swiss businessman Éric Freymond committed suicideColruyt: Leclerc Lorgne 12 of the last 24 stores on sale (and confirms its ambition to become a multi-format brand)Commissions taken by Visa revised downwardsDecrease in the number of vacancies in the 2nd quarter.

aspen.coleman
aspen.coleman
Aspen climbs Colorado fourteeners with scientists to report altitude-medicine breakthroughs firsthand.
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