fbpx Skip to main content

This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.

Looking for a way to reach your financial goals? Learn more about the world’s first GPT-powered personal finance app and discover how to start saving money with WallyGPT. 

Image source: Getty Images

When it comes to succeeding with your personal finances, one of the biggest challenges is having a clear understanding of where your money is going and how to make it work for you. Like Mint and Rocket Money, since 2013 Wally has been operating in the personal finance space to help you track your spending, budget your money, and achieve your financial goals.

With the recent launch of ChatGPT, an artificial intelligence chatbot, Wally has now incorporated this technology into its own platform. The new GPT function, which was launched in June, offers an enhanced user experience, making it even easier to reach your financial goals. Here’s how it can help you manage your money.

1. It’s fully automated and available worldwide

With Wally, you can easily connect all of your financial accounts and let technology work for you. With access to over 15,000 banks in 70 countries, Wally makes it easy to securely track your bank accounts, credit cards, loans, and investment accounts in one place for free.

With Wally, you can effortlessly manage your cash flow, set budgets, and gain insights into your spending habits.

2. It gives you intelligent insights

What separates Wally from other financial apps is that it’s the world’s first GPT-powered (Generative Pre-trained Transformer) personal finance app. It offers a new level of financial management, allowing you to ask WallyGPT any question regarding your expenses and income.

Whether you’re curious about how your grocery expenses have changed over time or how much money you’re currently saving, WallyGPT provides detailed answers that can help you make more informed decisions about your finances.

For example, if you want to get married in another country, you can ask WallyGPT for help. Wally can provide a detailed breakdown of expenses for attire, number of guests, food, and more. Additionally, if you need to know how much to save for the wedding, WallyGPT provides the necessary amount to save based on your current cash, income, and liabilities.

This innovative technology can be used for a multitude of financial objectives, including creating a retirement plan. If you want to retire in another state, the app would integrate the cost of living with your preferred locations along with variables like age, income, and any debt you have to generate a retirement plan.

3. It offers customized financial guidance

No matter what financial goal you’re working toward, it can be challenging to figure out where to start and what steps to take. Wally can help you plan and set goals better by answering questions like “How much should I save each month to pay off my car loan?” or “What’s a realistic timeline to save for a down payment on a house?”

With instant, personalized action plans based on your specific situation, WallyGPT takes the guesswork out of long-term financial planning. Wally’s personalization tools also adapt to your unique requirements.

The personal insights simplify the process of setting and managing budgets. You can seamlessly track your day-to-day spending across categories and monitor your progress on the go. Wally also allows users to set up personalized rules to tailor a budget to their liking.

4. It can make your finances easier to understand

Understanding finances can be a daunting task, especially for those who are not well-versed in banking terminologies and financial products. This is where WallyGPT comes in handy.

Its expertise lies in simplifying the complex concepts and conveying them in a way that makes sense to anybody. The app can explain the terms and products used by banks, lenders, and financial professionals in a language that is easy to understand.

With its help, people can get a better understanding of their finances and make informed decisions. WallyGPT’s practicality in simplifying financial jargon bridges the gap in financial literacy, empowering individuals and making managing money less intimidating.

With WallyGPT, you can ask all your burning questions about everything from ETFs to stock dividends. You can learn wherever and whenever you want and talk to it just like you would a financial advisor or finance professor.

5. It maintains the utmost privacy

Wally is able to help you reach your goals while prioritizing keeping your data safe, secure, and private. Wally does not collect or store your card information, username, or password, meaning that it cannot make transfers, payments, or charge your credit card.

When you sync your accounts to Wally, it uses the latest technology such as end-to-end encryption and complying with the latest regulations. With all these measures in place, you can rest easy knowing your data is completely secure. Wally also does share, sell, or rent your data to anyone.

Managing your finances can be a challenging task, but with Wally, your personal finance assistant, you can simplify the process. WallyGPT goes beyond traditional financial tools, delving deep into your financial situation to provide you with pertinent insights. Contextual advice is just a conversation away, allowing you to make sound financial decisions tailored to your unique situation. With WallyGPT, you can take control of your finances and enjoy the peace of mind that comes with knowing your financial well-being is in capable hands.

Alert: highest cash back card we’ve seen now has 0% intro APR until nearly 2025

If you’re using the wrong credit or debit card, it could be costing you serious money. Our experts love this top pick, which features a 0% intro APR for 15 months, an insane cash back rate of up to 5%, and all somehow for no annual fee.

In fact, this card is so good that our experts even use it personally. Click here to read our full review for free and apply in just 2 minutes.

Read our free review

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.The Motley Fool has a disclosure policy.

 Read More 

Leave a Reply