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Looking to AI for a financial plan? Take it more as guidance than gospel, experts say

CANADA, JUL 15 – Young Canadians increasingly use AI chatbots for budgeting and financial goals but experts advise verifying advice with human financial planners due to accuracy and privacy concerns.

  • On July 15, 2025, a Canadian Press report discussed Canadians using AI chatbots for financial planning and everyday tasks.
  • This trend follows growing use of AI chatbots as personal financial assistants amid a lack of Canadian legislation protecting users.
  • Experts like Martin Dasko and Katelyn Aitcheson said AI can generate monthly budgets and basic overviews but requires user knowledge and vigilance.
  • Jane Arnett advised pausing to consider the consequences of sharing certain information, asking yourself how it might affect you if it fell into the hands of someone intending to harm or steal from you.
  • Users should verify AI-generated financial plans with human advisers and treat inputs as public information due to data security uncertainties.
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21 Articles

Winnipeg Free PressWinnipeg Free Press
+17 Reposted by 17 other sources
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Looking to AI for a financial plan? Take it more as guidance than gospel, experts say

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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  • 92% of the sources lean Left
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, July 15, 2025.
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