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15 ways to save money using AI

  • Tech

Budget apps like Mint, Albert, and Clarity Money use machine learning algorithms to analyse users’ spending habits and provide personalised recommendations for saving money. These apps can help users track their spending, create budgets, and identify areas where they can cut costs.

Shopping assistants like Honey, Hiku, and Paribus use AI to help users find the best deals on products and services. These apps can track prices, apply coupons and discounts, and alert users to price drops and sales, helping them save money on their purchases.

Investment apps like Acorns, Robinhood, and Stash use AI to help users make informed investment decisions. These apps can analyse users’ risk tolerance, investment goals, and financial situation to provide personalised recommendations for investing. By using AI to make smart investment decisions, users can potentially save money on fees and maximise returns.

Energy management systems like Sense, Neurio, and Ecoisme use AI to analyse users’ energy usage patterns and provide recommendations for saving energy and reducing energy costs. By using AI to optimise energy usage, individuals and businesses can save money on their energy bills.

Transportation apps like Waze, Google Maps, and Moovit use AI to help users find the most efficient routes and modes of transportation. By using AI to plan their trips, users can save money on gas and transportation costs.

Personal finance coaches like Clarity Money, Truebill, and Pocketbook use AI to help users improve their financial health and save money. These apps can provide personalised recommendations for reducing debt, saving money, and investing in the future.

Insurance comparison tools like Gabi, CoverHound, and The Zebra use AI to help users find the best insurance rates and coverage options. By using AI to compare insurance quotes, users can save money on their insurance premiums.

Travel planners like Kayak, Hopper, and Expedia use AI to help users find the best deals on flights, hotels, and vacation packages. By using AI to plan their travels, users can save money on airfare, accommodation, and other travel expenses.

Energy-efficient appliances like Nest, Ecobee, and Hive use AI to optimise energy usage and reduce energy costs. By using AI to control their appliances, individuals and businesses can save money on their energy bills.

Language translation apps like Google Translate, DeepL, and iTranslate use AI to translate text and speech into different languages.

Customer service chatbots use AI to answer customer enquiries and resolve issues, reducing the need for human customer service staff. By using AI to handle customer enquiries, businesses can save money on labour costs.

Content creation tools like Articoolo, Wordsmith, and Quill use AI to generate written content for websites and marketing materials. By using AI to create content, businesses can save money on writing and editing fees.

Project management tools like Asana, Trello, and Monday use AI to help teams plan, coordinate and track their work. By using AI to automate and streamline project management processes, businesses can save money on labour and increase efficiency.

Virtual assistants like Siri, Alexa, and Google Assistant use AI to perform tasks and provide information for users. By using AI to handle tasks like setting reminders, answering questions, and making recommendations, individuals can save time and money on personal errands.

Supply chain optimisation tools like Llamasoft, Kinaxis, and Blue Yonder use AI to optimise inventory management, transportation, and logistics processes. By using AI to optimise their supply chains, businesses can save money on inventory and transportation costs.

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