AI in personal finance: The promise and the limits

Sponsored Partner Post: Edward Jones

Imagine this: Your budgeting app flags unusual spending and suggests a transfer. Later, a robo-advisor rebalances your portfolio. Welcome to the age of artificial intelligence — or AI — in personal finance.

AI tools can track spending, forecast bills and offer advice via text. They can monitor credit scores, suggest budget tweaks and even negotiate lower bills.

Meanwhile, robo-advisors build and manage portfolios, and educational apps simplify complex financial concepts.

But AI has limits. It can’t weigh emotional trade-offs like saving for college versus retiring early, and it can’t help partners merge their financial visions.

That’s where human advisors shine. They help you stay focused, balance priorities and offer support through life’s changes.

As AI evolves, the key is treating it as a tool, not a guide.

The best approach? Use AI for insights and lean on human wisdom for guidance. Stay curious about what tech can do — and clear about your financial priorities, which only you can define.

This content was provided by Edward Jones for use by Tracy Milanese, your Edward Jones financial advisor at 602-265-3437.

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Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation