These Latest AI Apps and Tools Aren’t Your Grandfather’s Apps

No matter how you feel about AI or how much you know right now, you should probably be aware of the latest AI apps and technology that’s around you. Why? The new AI apps are sleek, easy to use, and designed to improve our lives. Many people still don’t know much about AI (Artificial Intelligence) or the vast array of the latest AI apps and tools. That’s not surprising: For one thing, AI is still relatively new as far as the public’s awareness goes. Also, people are not “introduced” to AI tools by anyone, unless they request it — and few do. Lastly, a good number of people still don’t trust AI—they have most likely only heard the “bad side” of Artificial Intelligence. Whatever the case, exploring the latest AI apps might be worth it for you. Here’s a look at some cool AI financially focused apps that you probably don’t know about but that you’ll want to learn more about for a simple reason: They may have a positive impact on your life by helping you save, grow, and manage your money far better than you can do without them.* How much do you spend on subscriptions?! Here’s how to spend less. You’ve probably seen TV commercials for these subscription manager apps. Evidently, there are plenty of people who rack up hundreds of dollars a month in subscription fees, from streaming services and music apps to health-and-fitness services. Recurring payments can go on and on, often getting forgotten. A subscription manager can help you unearth all your subscriptions, add them up, and help you cancel them—better yet, they help you save money— Examples: Rocket Money, Birdie. Newbie investor? Here are AI-powered investment tools. If you’re ready to dip your toe into investments and stocks—and you’re a beginner who doesn’t have time to learn from the ground up—there are AI apps designed to help you. With an idea of what you’re hoping to accomplish, they can identify investment opportunities for you to consider. Remember, however, that the choices are ultimately all yours. Examples: Wealthfront, Betterment, Robinhood Manage your taxes more effectively and possibly reduce your tax bill. Taxes are complex, as you probably know already. Your concern is always how much you might owe in taxes and when you have to pay them. An AI-powered tax tool might be invaluable to you year-round, not just at tax time. It can serve as your tax guide when crunching numbers as well as keep you up to date on changes to your state’s tax laws. Example: TaxGPT Sending money (maybe overseas) to others? This might make that easier. If you’ve ever run into hassles or complications trying to send money to friends, relatives, or others, you know how frustrating that can be. New AI apps are available, designed to address common problems while helping protect your money and avoid fraud. If that sounds like a better approach, give these apps a close look. Example: Remitly, Transfergo Are you spending too much and saving too little? Here’s help fixing that. The latest AI-flavored spending trackers are apps that can do in a click what it would take you hours to do on your own. These sleek AI apps analyze your banking transactions and categorize them into distinct groups. So, you know how much you’re spending on food, entertainment, dining, gasoline, and more. Examples: ExpensesAi, PocketGuard . On the savings side of the coin, there are AI tools that tell you where and how you can find a few extra dollars to begin funding new savings accounts. Examples: Plum . The majority of people —ordinary, average people —are unaware of the excellent AI tools out there that can do amazing things. But they shouldn’t be shocked. Technology has developed and changed from the very beginning. The power of AI has found its way into nearly all aspects of the world around us and our day-to-day lives. That’s good and not so good. It’s all happened so fast, there hasn’t been enough time to say how it’s working out for everyone. In some ways, the first adopters are the guinea pigs for this new technology. So as you consider jumping into AI and the new apps, keep an open mind and an open eye. To learn more about AI and the risks involved, visit our Learning Center and explore links to articles and interviews on the topic.