Ai can help plan finances, here are the tips and tricks

Lidahtekno.co.id – Jakarta.

Today, the artificial intelligence (AI) platform has become a very common tool in everyday life. The use of large language models (LLM) such as chatgpt and gemini is increasing, with various functions that can help users in various aspects of life.

Some people use AI to complete tasks, create documents, find information, and generate images. Not only that, now there are also many people who use AI as a tool in managing personal finances.

Based on the report Financial Wellbeing Study 2025 released by the First National Bank of Omaha (FNBO), about 46% of US citizens (US) have used AI like ChatGPT to help their personal finances. In fact, 50% of them trust AI as a financial advisor.

Many financial institutions and platforms today utilize AI to provide customer service support, detect fraud, draw credit scores, and provide product recommendations that suit individual needs. In addition, AI is also used for multifactor authentication and various other features.

Platforms such as ChatGPT and Gemini provide these features directly to the wider community, allowing users to create more personal financial and budget solutions.

Andrew Latham, a certified financial planner from SuperMoney.com, explained that the steps taken by good financial planners, such as reviewing cash flows, identifying blind spots, and testing goal resilience, are not a miracle. However, AI can learn to do these things well as long as they get the right data and context..

However, users still have to be careful when using AI for sensitive matters, including financial management. The more information you share with the AI chatbot, the more personal the advice given. However, sharing sensitive information can also open risks to potential fraud and privacy issues.

A 2024 study by pymnts.com found that consumers are concerned about how using AI makes them more technology dependent and vulnerable to privacy breaches. This is not without basis. According to IBM’s 2025 report, 13% of organizations report violations of the AI model or application, while 8% of organizations do not know whether they have experienced violations or not.

Suja Viswesan, Vice President, Security & Runtime Products from IBM, stated that the data shows a gap between AI adoption and surveillance. The perpetrators of the threat began to exploit this gap. The AI system still lacks basic access control, so the data stored is very vulnerable to exposure and manipulation.

AI can be a very useful tool, especially for those who can’t afford professional help. However, there are some steps you can take to protect privacy when using AI:

• Review the Privacy Policy and Platform Privacy Settings
  
  Take the time to check the terms and conditions of the AI platform that you use. Understand how your data is used and adjust the privacy settings according to your preferences. For example, you can prevent certain platforms from storing your conversations or using that data for other purposes in the future.

• Avoid sharing excessive information
  
  The AI system will become more personal as you provide more data. However, avoid entering sensitive information such as name, date of birth, or other personal details in your message. This can help protect personal information from leaks.

• Don’t depend entirely on AI
  
  While AI can help you run a variety of scenarios, compare financial products, and more, you still have to accept every suggestion with little skepticism.

Latham emphasized that although the gap between AI and human financial planners is getting narrower, he believes that human financial planners are still needed. “Human advisors still carry something AI can’t imitate: relationships, accountability, and the ability to prevent you from making emotional mistakes in difficult markets,” he said.