Money Prompts: How to Use AI to Save Money

AI tools are popping up everywhere these days, and while some people enjoy playing around with them, many of us are still wondering how this actually helps in real life.

If you’re focused on making ends meet, paying down debt, or just trying to get through the week, using artificial intelligence (AI) might not feel like a priority. But here’s the thing—AI has been trained on a huge amount of information, and that knowledge can be used to support your financial goals.

With the right guidance and intentional money prompts, AI can help you feel more confident with money, make informed decisions, and build a plan that works for your life.

What is a Money Prompt?

A money prompt for AI is a clear, specific question or instruction you give to an AI chatbot or assistant to help you with a financial task, question, or idea.

Think of it as the starting point for a helpful conversation with AI—one that’s focused on money.

You can type your money prompt into a tool like ChatGPT, Bing AI, or Google Gemini, and it will pop out customized information to help you. It draws on advice from big names in the financial world, but is judgment-free, tailored to what you ask it, and fast. 

Make sure you’re using a free version, there are so many free options right now that it usually doesn’t make sense to use a paid version for this kind of experimentation.

While personalization is very valuable, you don’t want to add your name, account numbers, or passwords to an AI tool since it trains on or remembers the data you share with it, which could make your accounts less secure. But if you stick with prompts that are focused on the general details of your financial goals, you will still be able to get useful information. 

Money Prompts: How to Use AI for Money Management

Every prompt you offer an AI chat tool won’t yield great results, so be ready to try to rephrase your questions to get better and better answers. Here are some money prompts to get you started:

Prompts to Spend Less/Budget Better

• “Generate a sample budget for someone with (amount) of income each month.”
• “What are some ways to reduce my grocery bill?”
• “Generate a meal plan that uses mostly affordable ingredients (and accounts for any allergies or dietary restrictions)”
• “Tell me about low-spend months and other strategies for spending less.”

Prompts to Save

• “How can I find another $20 a month to save for the future?”
• “What are some of the best accounts where I can save my money securely while earning a high interest rate?”
• “What are some good ways to substitute something cheaper in my life and save the difference in cost?”

Prompts for Paying Down Debt

• “What are the best strategies for paying down debt quickly?”
• “How long will it take to pay down (amount) of credit card debt if I can pay (amount) per month?”
• “What is a sample schedule for paying off (amount) of student loan debt in (amount) of years?”

Prompts for Side Hustles and Career Growth

• “Since I have some experience in (career area) and education in (area of study), what kinds of side hustles or side jobs can I get?”
• “What are some of the side hustles and gig jobs that pay best/offer flexible hours/can be worked from home/can be worked with kids?”
• “How can I show my boss that I want to be promoted and take on more responsibility in (career area)?”

Prompts for Homebuying

• “How much do I need to save for a down payment for a house in (name of place)?”
• “What are some of the best strategies for saving up for a down payment and future home expenses?”
• “How much do most people save for home repairs when they choose to buy a house?”
• “What should I think about before I choose to stop renting and buy a house?”

AI Can Help — But You’re Still in Control

Even if AI is a helpful tool drawing on financial information around the internet, that doesn’t make it a substitute for an actual financial advisor. No matter how clearly you write a money prompt, there may be important additional information the AI doesn’t know that affects your best path.

That’s why you want to read those responses from AI and think, “Which parts of this actually work for me? Which parts should I leave behind because the AI didn’t quite get it right?”

If you’re still wondering whether advice from an AI tool is wise, there are often nonprofits or community organizations that offer pro bono or discounted coaching and assistance with getting your finances in order. 

If you want to review your AI-generated suggestions, check out our SaverPerks partner, Advisers Give Back. You can get free financial coaching with a pro bono financial planner volunteering their time to help you—no cost, no sales.

📲 Action Item: Select one money prompt from above to try out in ChatGPT.

📢If you have money prompts that you love, we want to hear from you! Share your favorite prompts below, and we’ll gather them to share with our community.