A robot tried to help me in my money: Here is what I did.

1. “What is the best way to save money?”

Is there a secret way to save the money that Chatgpt knows about this wealth? It turns out, not really.

The advice was sound, but nothing is pioneering. Chatgpt replied with:

• “The best way to save money comes to a simple idea: make it automatic and make it invisible.”

Then artificial intelligence provided me with six general “steps” to save money. Steps included things like “Pay Yourself First”, which means converting money to your savings account before paying any bills, automation of savings, opening a high -return savings account, and creating a budget.

All this is a sound advice, but it is also very general. If you want to ask Chatgpt the best way to save money, you may have to give artificial intelligence some information about your money and your position to get a good and institutional answer.

Comprehensive answer classification: b-

A strong general advice, but nothing is pioneering.

2.

I wanted to get more granules, and Chatgpt gave some appropriate advice to this question, in my opinion:

• “Safeing money during the salary server to the salary can be impossible – but small and consistent changes are really added.

It was not the phrase “Micro Ins” that Chatgpt is likely to be reached alone, but regardless of, it’s a good mentality. Artificial intelligence also suggested that you follow every one dollar inside and outside, exceed the small expenses you can live without, negotiate insurance costs and start the goal of the small emergency fund to avoid relying on credit cards if something appears.

Comprehensive answer classification: a-

Solid answers with implemented plans.

3. “What is the best bank account there?”

The question that I was afflicted with for EONS, Chatgpt gave me some options with this opening:

• “There is no single bank account that suits everyone-depends on what you need. But if we are talking about the best total value, a few of the most prominent constellations offer a wide range of attention, low fees and wonderful technology.”

Artificial intelligence first said that Sofi Checking & Savings is a great option to calculate the high return, saying that the account earns up to 4.60 % of APY with direct deposit. Unfortunately, this is not true. Sofi Savings account only provides 3.80 % APY as of June 2025So that this rate is old. However, Sofi is still a decent option.

Then Chatbot was recommended to the Management Fidelity Cash account, but she failed to mention that you need to be a Fidelity (because it is a mediation account). Discover Cashback Switt has suggested that it gets 1 % of the purchase of discount cards, which is true, and a choice often higher.

Comprehensive answer classification: b-

Some inaccurate information, but it gave a variety of options with a good reputation for comparison.

4. “What is the best way to budget?”

Is there a way to balance it that is the best? Of course not, but this is what the robot said:

• “The best way to develop budget is the way you will actually adhere to-but if you are looking for the most effective and friendly option for beginners, 50/30/20 Al Qaeda It is a great place to start. “

The base of 50/30/20 is an old budget method, stating that you spend 50 % of your income on expenses, 30 % on the needs, and 20 % on savings. But with the cost of living at the present time, most of us cannot choose the amount of our income towards living expenses. The category of living expenses includes a lot: rent or mortgage, vehicle expenses, insurance, facilities, loan payments, groceries, etc.

If you want to use a 50/30/20 base to organize your money, there is a good opportunity for you to set these percentage percentages on what you spend on expenses and the amount of savings. Other common methods include Scratch (Every dollar has a purpose) and The method of envelope (Putting money in the specified expenditures or separating the money into separate bank accounts).

Comprehensive answer classification: C+

A real, but old budget method.

5. “How many credit cards should I get?”

Credit cards debt is a real problem, and high interest rates do not help. Here is what Chatgpt says about my question:

• “There is no magic number of credit cards suitable for everyone – but most people work well with 2 to 3. This gives you sufficient flexibility to earn rewards, maintain a decrease in your credit use and build a strong credit degree, without overwhelming them.”

Then he suggested obtaining a general card for expenditures, the other for rewards, then a third store card for a place where you shopping frequently. Personally, I am not a great admirer with the store’s credit cards (they tend to get a very high Abram and tend towards the predator), but I am happy to see that it does not recommend more than two or three cards in general.

Comprehensive answer classification: C+

The recommended amount recommended, but much does not mention interest fees or real risks of credit card debts.

6. “How much should I save to retire?”

I was looking for an answer to the dollar here and I got this typical formula:

• “The common rule is 25x:
  Strike your expected annual expenses in retirement by 25.
  This gives you a stadium number based on the idea that you can pull about 4 % of your savings every year.
• For example:
  If you want to live on $ 60,000 a year in retirement:
  60,000 x 25 = 1.5 million dollars needed by retirement. “

Now, “25x base” is a common guide. However, you will have to continue to ask artificial intelligence questions and nourish information about your money to get an answer that would approach what you already require. If you are in their twenties, how do you know your expected annual expenses in retirement? Do you train inflation? Do you really have a retirement plan, or do you have nothing preserved and you need full guidelines?

There are a lot of variables when calculating your retirement, and while ChatGPT can provide some basic guidelines and formulas, this conversation takes it with a personal plan.

Comprehensive answer classification: d

Many variables for a strong answer, not eligible to provide investment advice.