ChatGPT Finance: AI Tracks Spending, Manages Money

OpenAI is rolling out a new personal finance feature for ChatGPT, allowing users to connect bank accounts, credit cards, and investment portfolios. This means the AI assistant can now help track spending, monitor subscriptions, analyze savings, and offer personalized money insights based on real financial data. A dedicated "Finances" section in ChatGPT acts as a single dashboard for financial planning. Users can see spending patterns, recurring payments, investments, and upcoming bills. ChatGPT can also answer specific financial questions, like why expenses increased or if a new gadget is affordable. To use it, users open the "Finances" tab or type "@Finances, connect my accounts." The AI platform uses Plaid to securely link accounts, with Intuit integration coming later. After authentication, ChatGPT syncs account activity and categorizes transactions. OpenAI says ChatGPT can also assist with financial goal planning, travel expense analysis, and subscription management. "Financial memories" allow ChatGPT to remember personal finance details, making future conversations more personalized. This feature is currently for ChatGPT Pro users in the US on web and iOS, supporting over 12,000 financial institutions. ChatGPT can view balances and transactions but cannot access full account numbers or move money. Users can disconnect accounts anytime, and synced data is deleted within 30 days. This update aims to make everyday money management more practical and conversational for users.