I’m not necessarily interested in the traditional full budgeting and planning type stuff, but more like “AI take all these statements and tell me how to save money” purpose built tools. Anyone used anything they’d suggest?

(And to hopefully head off any unhelpful answers like I got on Reddit, I am not trying to have an AI manage my money, nor am I talking about just a wrapper for ChatGPT. AI in the broad sense of the term that can be intelligently used as part of larger programmatic workflows.)

  • chazwhiz@lemmy.worldOPEnglish
    3·
    19 hours ago

    Yep, that’s exactly the sort of thing I’m thinking about here. And it doesn’t even need to be full on chat style LLM, just some decent NLP that can recognize WALMART, WAL-MART, or WMART are all the same thing and label it.

    But for some reason this question brings out all the assumption people who want to give financial advice or talk about the AI image the saw last year with 6 fingers.

    • Mordikan@kbin.earth
      1·
      8 hours ago

      Honestly, you don’t even need NLP for this. Excel supports regex now so you could just do a call like =REGEXTEST(A1, "(?!)^w.*mart$"). Then just mark by type and graph out to see where your main spending is coming from.

      • chazwhiz@lemmy.worldOPEnglish
        1·
        1 hour ago

        You’re missing the point, that would require sitting down and manually doing that for every conceivable payee. Walmart is just an example. The value of any sort of “intelligent” component would be for this to happen automatically and seamlessly for the user. Hell, the AI layer could just be “write regex for al the possible similar payees across these documents”.

    • BlameThePeacock@lemmy.caEnglish
      21·
      18 hours ago

      You aren’t going to find a useful AI system for personal use in Finance, you simply don’t have the scale needed to benefit from it. You don’t make enough transactions per month that looking over it yourself is going to be any slower than reading the AI summary.

      The question as with most process optimization and data analysis is, what’s the actual result you’re hoping for? If you want it to be able to summarize WALMART, WAL-MART and WMART so you can see those numbers added together, you already know you spent a lot at Walmart. Whare are you going to actually do with that information?