Ryan Marshall for Wealth Enhancement

The pros and cons of using AI to manage your finances

Managing your finances can feel like a full-time job. Thankfully, with the help of artificial intelligence (AI), managing your finances is faster and easier than ever—from setting goals and tracking expenses, to building better saving plans.

Artificial intelligence is the engine powering many of the financial tools on the market. Wealth Enhancement explores how AI in finance works, the benefits it may bring, and the risks to watch out for.

What Is AI and How Is It Used in Finance?

Artificial intelligence refers to machines that can think and make decisions independently. In personal finance, AI can help analyze information, like how much money you’re making and how you’re spending it, and he

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