MoneyGPT-AI-driven financial advice tool

Example

Helping a user create a monthly budget by identifying essential versus discretionary spending.

Scenario

A user who struggles to save money might ask for help in setting up a budget that covers their necessary expenses and allows for savings. MoneyGPT walks them through categorizing expenses (rent, utilities, groceries) and tracking their income versus spending to build a sustainable budget plan. Over time, MoneyGPT can help review the budget, adjust categories, and find additional ways to save.

Example

Explaining the differences between various asset classes, such as stocks, bonds, mutual funds, and real estate.

Scenario

An individual new to investing wants to understand the risk and return profile of different investments. MoneyGPT explains asset types, diversification, and helps outline a balanced investment strategy based on their financial goals (e.g., retirement) and risk tolerance. The user then learns how to allocate their savings effectively to grow wealth over time.

Example

Providing debt repayment strategies, such as the snowball or avalanche method.

Scenario

A user overwhelmed by credit card debt asks how to tackle multiple loans. MoneyGPT explains how to rank debts by interest rate and advises on focusing extra payments on either the smallest debt (snowball) or the highest interest debt (avalanche). This helps users systematically reduce their liabilities while saving on interest costs.