About 67% of polled Gen Zers and 62% of surveyed millennials are using artificial intelligence to help with personal finance tasks, according to a new report by Experian.While AI can be a useful starting point, there are a few things you need to consider, according to experts.and cover letters — and even to get personal finance advice. While some of those insights can be valuable, financial advisors caution that AI shouldn't be your only resource.to help with their personal finances.
"We see misinformation on financial matters all the time," said Dawn C. Abernathy, a certified financial planner at Core Planning in Chesterfield, Missouri. She also has a background in engineering and software management. However, artificial intelligence tools may fall short when it comes to more complicated areas like investment advice and tax optimization. With those topics, AI could offer a starting point, but you'd benefit from a financial advisor to help you navigate specific questions and offer personalized advice, Roman said.