I Gave ChatGPT My Salary & It Fixed My Finances, Says Man
In today’s digital age, technology has revolutionized the way we live our lives. From ordering food to booking flights, we rely heavily on technology to make our lives easier. But did you know that artificial intelligence-powered chatbots are also making waves in the financial sector? Yes, you read that right! ChatGPT, a popular AI-powered chatbot, has been making headlines for its ability to help people manage their finances effectively. And, one US-based author and entrepreneur, Adrian Brambila, is living proof of its impressive capabilities.
In a recent article, Brambila shared his incredible experience of using ChatGPT to sort out his finances. According to him, ChatGPT helped him create a zero-based budget, which, in turn, gave him total clarity over his money. But, what exactly did he do? And, how did ChatGPT help him achieve this financial clarity? Let’s dive in and find out.
The Magic of ChatGPT
Brambila, who is an author and entrepreneur, was struggling to manage his finances effectively. He had tried using spreadsheets and budgeting apps, but nothing seemed to work for him. That’s when he stumbled upon ChatGPT, an AI-powered chatbot developed by Meta AI. Brambila was skeptical at first, but he decided to give it a try.
Here’s what he did: he gave ChatGPT his salary details, and the chatbot did the rest. 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.”
The 50/30/20 Rule
ChatGPT, it seems, used the 50/30/20 rule to create a zero-based budget for Brambila. The 50/30/20 rule is a simple yet effective rule that suggests allocating 50% of your income towards necessary expenses like rent, utilities, and groceries; 30% towards discretionary spending like entertainment, hobbies, and travel; and 20% towards saving and debt repayment.
Brambila was thrilled with the results. He said, “This didn’t feel like budgeting. It felt like a weight had been lifted off my shoulders.” With ChatGPT’s help, he was able to categorize his expenses, prioritize his spending, and even create a plan for saving and investing.
The Benefits of ChatGPT
So, what makes ChatGPT so special? Here are a few benefits that make it an attractive option for those struggling to manage their finances:
- Easy to use: ChatGPT is incredibly easy to use. All you need to do is provide your income details and a few prompts, and the chatbot will do the rest.
- Personalized budget: ChatGPT creates a personalized budget based on your income and expenses. This means that you’ll get a budget that’s tailored to your specific financial situation.
- No spreadsheets required: With ChatGPT, you don’t need to worry about creating spreadsheets or using budgeting apps. The chatbot takes care of all the calculations for you.
- No financial advisor required: ChatGPT is a cost-effective solution that doesn’t require you to hire a financial advisor. You can get personalized financial advice without breaking the bank.
Conclusion
Adrian Brambila’s experience with ChatGPT is a testament to the power of artificial intelligence in the financial sector. By using the 50/30/20 rule, ChatGPT was able to create a zero-based budget that gave Brambila total clarity over his money. Whether you’re struggling to manage your finances or just want to get a better handle on your spending, ChatGPT is definitely worth considering.
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