AI tools are changing the way people budget, save, and invest. Here are five free or freemium AI-powered tools that can help you manage money smarter — from expense categorization to personalized suggestions.
1. ChatGPT — Personal finance assistant
ChatGPT can answer budgeting questions, generate templates, and suggest personalised strategies. Try prompts like “Create a monthly budget for a family of three with X income.”
2. Notion AI — Budget planner templates
Notion AI speeds up note taking and building finance templates. Use it to craft a monthly planner, track bills, and run simple projections.
3. Spreadsheet AI (Excel / Google Sheets)
Tools like Excel’s Copilot or Google Sheets add-ons help automate calculations, categorize transactions, and forecast savings using simple models.
4. Expense categorization apps
Several AI apps automatically categorize spending and surface trends, helping you cut unnecessary costs and allocate savings efficiently.
5. AI investment screeners
Some free tools screen stocks or funds using ESG or ethical criteria. They can be a starting point for investors who want to align portfolios with values.
How to pick the right tool
Start with a simple goal (budget, automate bills, invest ethically) and pick one tool that fits. Combine tools (e.g., ChatGPT for planning + a spreadsheet for tracking) for best results.