It’s time to cash in on Apple Intelligence. This personal, artificial intelligence (AI) system is already on your iPhone, iPad, Mac and Apple Vision Pro, and it can be used to help improve your personal finances.
If you’re worried about sharing your financial data with this tool, feel confident you’re in good hands. Apple AI doesn’t allow anyone else to access your personal data — even Apple — according to the company website.
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Now can be a good time to get started, as Apple AI is only going to get more robust. In February 2025, Apple announced plans to spend $500 billion in the U.S. over the next four years, including accelerated investments in AI.
John Foard, certified financial planner (CFP), chief compliance officer (CCO) and co-founder of Crown Advisors, LLC, highlighted three ways Apple’s AI can be used to help improve your finances. Keep reading to find out what he had to say.
“As a financial planner, understanding your budget at all stages of your life, especially early on, is a great way to find out where you can save or where you have room to put more funds toward your retirement goals,” Foard said. “AI can actually tell you where you might be overspending and help you uncover areas where you are spending money on needless subscriptions, etcetera”
If you’ve been avoiding taking this step, because doing it manually felt too tedious, using AI can be a game-changer when it comes to financial planning.
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“Apple’s AI can also provide potential areas of interest that match up with your risk tolerance and investment goals,” he said. “Thus giving you potential investment options that could be appropriate for your investment and retirement goals.”
He said this can help you save hours of time researching potential investment ideas. AI can generate these possibilities in a matter of seconds, allowing you to discover potential money-making opportunities in a fraction of the time it would’ve taken otherwise.
If your finances are complex, it can be hard to coordinate all the different pieces.
“Using AI, if you have multiple financial accounts across several financial institutions, you can consolidate your data in one place to better analyze our total financial picture,” he said. “This is very useful when you are trying to save for a specific goal or when trying to evaluate areas of weakness in your total financial plan.”
