Artificial intelligence (AI) is emerging as a transformative force in personal finance, revolutionising how you manage your money, save for the future, and invest intelligently. Take a look on how advanced algorithms powered by AI are enabling unprecedented levels of automation and customisation, making financial management more accessible and efficient than ever before.
Mohamed Hashad, chief market strategist of finance brokerage Noor Capital spoke about how we can use AI now for our personal finance
Apps use AI to analyse your transaction history and create personalised budget categories. They can alert you when you’re approaching your spending limits or when unusual transactions occur. This proactive approach helps you stay on track and avoid overspending before it happens.
– Mohamed Hashad
AI money management platforms leverage advanced algorithms and machine learning techniques to provide personalised financial insights and automate routine tasks. These platforms analyse spending patterns, identify opportunities for savings, and offer tailored recommendations to help users achieve their financial goals more efficiently.
Heres what you need to know about AI money management platforms
Automated savings makes your life easier
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