OpenAI brings ChatGPT Finances to its desktop app, but there is a catch
OpenAI has expanded its personal finance experience, Finances, to the ChatGPT desktop app.
The feature helps users track their spending, understand their investments and find ways to save money.
Users can also create custom financial tools based on their needs.
OpenAI has expanded its personal finance experience, Finances, to the ChatGPT desktop app. The company announced the update through its official ChatGPT account on X. The feature helps users track their spending, understand their investments and find ways to save money. Users can also create custom financial tools based on their needs. However, there is a catch. The desktop app support is currently available only to users in the US for ChatGPT Free, Go, Plus and Pro subscribers. Eligible users can access it by updating their desktop app.
Personal Finance in ChatGPT: How it works
Users can get started by opening the Finances section from the ChatGPT sidebar and selecting the Get started option. They can also type a request such as '@Finances, connect my accounts' in a chat. ChatGPT will then guide them through the steps to link their financial accounts.
After users verify their accounts, ChatGPT starts syncing and organising their financial information. This process may take a few minutes. Once the setup is complete, users can access a dashboard with an overview of their finances.
The dashboard provides information about spending habits, active subscriptions, upcoming bills and investment performance. This can help users understand where their money is going and keep track of their financial activities in one place.
Users can also share their financial goals with ChatGPT to get more relevant suggestions. For example, they can tell the chatbot if they are saving money to buy a car or trying to repay a loan from a family member. ChatGPT can use this information through a feature called Financial memories to make future suggestions more useful.
According to OpenAI, users remain in control of their financial information. They can disconnect their accounts whenever they want. Once an account is disconnected, the synced financial data will be deleted from OpenAI's systems within 30 days. Users can also delete their saved Financial memories whenever they want. Also, ChatGPT will not access connected financial accounts or save chat history when users are chatting in Temporary Chat mode.