this post was submitted on 28 Aug 2025
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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.)

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[–] BlameThePeacock@lemmy.ca 20 points 14 hours ago (2 children)

Saving money doesn't really need an AI, there really aren't many ways to cut budgets down short of paying attention to the most obvious spending problems (Too much housing, too much vehicle, too much food (especially eating out), and too much entertainment(too many subscription platforms))

It's usually a far better investment of time to improve your earning power (upskill, change jobs, add hours, etc.)

Cutting $40 per month from your budget by not going to the movies every week just isn't going to have the impact you need in your life.

[–] aksdb@lemmy.world 8 points 13 hours ago (1 children)

Where I could see an LLM being useful is categorizing entries and maybe proposing sanitization (for example when the payment provider uppercases or abbreviates stuff)

[–] chazwhiz@lemmy.world 2 points 12 hours ago (2 children)

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 points 1 hour 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.

[–] BlameThePeacock@lemmy.ca 2 points 11 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?

[–] asbestos@lemmy.world 2 points 13 hours ago (1 children)