I Gave ChatGPT Salary Details & It Fixed My Finances, Says Man
In today’s digital age, technology has made it easier to manage our finances. With the rise of artificial intelligence, many people are turning to chatbots and AI-powered tools to help them make the most of their money. Recently, a US-based author and entrepreneur, Adrian Brambila, shared his remarkable experience of using ChatGPT to sort out his finances. In an interview, Brambila revealed how ChatGPT helped him create a zero-based budget using the 50/30/20 rule, making him feel more in control of his money.
The 50/30/20 Rule: What is it?
Before we dive into Brambila’s experience, let’s quickly explain the 50/30/20 rule. This rule is a simple and effective way to allocate your income into three categories: necessities, discretionary spending, and saving. The basic idea is to:
- Allocate 50% of your income towards necessary expenses like rent, utilities, and groceries
- Use 30% for discretionary spending, such as entertainment, hobbies, and travel
- Set aside 20% for saving and debt repayment
How ChatGPT Helped Brambila
Brambila shared that he struggled with managing his finances for a long time. He had tried various budgeting apps and spreadsheets, but they were either too complicated or didn’t provide the clarity he needed. That’s when he decided to give ChatGPT a try. He simply input his salary details and asked the AI to create a budget using the 50/30/20 rule.
To his surprise, ChatGPT created a comprehensive budget plan that made sense to him. Brambila explained, “I gave ChatGPT my salary, and it fixed my finances. No spreadsheets. No budgeting apps. No $400 financial advisor. Just 7 prompts—and total clarity over my money.” He was amazed by how easy it was to create a budget that was tailored to his needs and financial goals.
The Power of Zero-Based Budgeting
One of the key benefits of ChatGPT’s budgeting tool is that it uses zero-based budgeting. This means that every single dollar is accounted for, and there are no unnecessary expenses or categories. Brambila emphasized that this approach didn’t feel like budgeting at all. “This didn’t feel like budgeting,” he said. “It felt like having a clear plan for my money, and knowing exactly where it was going.”
The Benefits of ChatGPT’s Budgeting Tool
So, what are the benefits of using ChatGPT’s budgeting tool? Here are a few:
- Easy to use: ChatGPT’s interface is user-friendly, making it easy for anyone to create a budget, regardless of their financial expertise.
- Customizable: The tool allows you to input your specific financial goals and expenses, ensuring that your budget is tailored to your needs.
- Real-time tracking: ChatGPT’s budgeting tool provides real-time tracking, so you can see exactly how you’re doing and make adjustments as needed.
- No more spreadsheets: Say goodbye to complicated spreadsheets and hello to a simple, easy-to-understand budget.
Conclusion
Brambila’s experience with ChatGPT is a testament to the power of AI in personal finance. By using the 50/30/20 rule and zero-based budgeting, he was able to create a budget that worked for him, not against him. If you’re struggling to manage your finances, it’s worth giving ChatGPT a try. Who knows, you might just find that it helps you fix your finances too!
