ChatGPT Built a Budget for Me ASAP, but It Has Several Limitations

ChatGPT can help you set budget categories, spending limits and savings goals. But it still leaves much to be desired. Getty Images/Zooey Liao/CNET

Artificial intelligence can help you manage your money in lots of different ways. It can show you how to cut grocery costs , save for a vacation and even negotiate your bills . But just because it can doesn't necessarily mean it succeeds. And with something as important as your finances, it's essential to know where it falls short.

Last year, I asked ChatGPT to help me create a budget , a task that can be tedious and overwhelming. It was useful in some ways, but not so great in others.

I tried the experiment again this year, and while I noticed minor improvements -- mainly that icons and improved formatting made the answers more v