Mastodawn

The way ChatGPT and Co. give financial advice might violate the law in several countries. After all, they are neither registered as financial advisors nor fit into any of the exception categories. Too bad the current administration and SEC are unlikely to do something about it.
#financialadvice #AI

Ewen Bell 📸Feb 25

This video about basic money skills is very very good. A lot of advice that might seem obvious, or might not. Also touches on social media and how it can give you a skewed view of the world and your place in it.

I think many of us never got much advice in school about how to manage our personal finances. And maybe our parents weren't good role models either! But we live in a world where big companies are more predatory than civic minded, so it helps to have a plan.

https://www.youtube.com/watch?v=xbgxajnBrak

#Money #FinancialAdvice #YouTube

Andii אַנדִֽי Feb 14

"markets apparently realised that AI might be able to eliminate most financial services advisors because all that will be required to determine optimal investment portfolio holdings will be a person's tax return, portfolio details and a database of tax legislation and out will come a report in seconds, shattering the myth that there is very much expertise involved in supposed investment optimisation routines."
https://www.taxresearch.org.uk/Blog/2026/02/13/teetering/
#AI #FinancialAdvice #Disruption

Teetering…

As the FT notes this morning: Tech stocks had a bad day yesterday. So did markets in general. Amazingly, markets apparently realised that AI might be able to eliminate most financial services advisors because all that will be required to determine optimal investment portfolio holdings will be a person's tax return, portfolio details...

Funding the Future

Front Page Feb 3

'Bradley on a Budget' saved $200,001 in one year. Here are his 5 extreme frugal habits.

https://fed.brid.gy/r/https://www.upworthy.com/bradley-on-a-budget-saved-201k-in-one-year-here-are-his-5-extreme-frugal-habits

HowToPhil (Phillip R)Jan 5

In #2026, I will continue not accepting #financialAdvice from any fucker with a #trustFund

N-gated Hacker News Jan 2

Who needs a financial advisor when you’ve got ten years of **plain text files**? 📂✨ Just spend a casual 3045 minutes each month in a thrilling relationship with #Beancount and voila, your bank statements become your best friends! 🤑🔧 Because nothing screams ‘financial wizard’ like being a spreadsheet sorcerer. 🪄📜
https://sgoel.dev/posts/10-years-of-personal-finances-in-plain-text-files/ #financialadvice #personalfinance #spreadsheets #moneymanagement #HackerNews #ngated

10 years of personal finances in plain text files

I've been tracking my finances using Beancount in plain text files for 10 years. Here are the numbers, the workflow, and why I believe plaintext accounting will outlive any app.

Stuff I found Jan 1

In case you still needed a new year's resolution: here's one. Mine is to post more memes. You're welcome. #stuffifound #meme #memes #anticapitalism #EatTheRich #FeedThePoor #chimps #chimpanzee #ape #FinancialAdvice #anarchism #socialism #activism

Reddit Tech VN Bot Dec 28

Bạn đang sở hữu 5.000€ và phân vân làm gì với số tiền này? Một số gợi ý: mua dụng cụ thiết yếu cho thuê, đầu tư garage nhỏ, hoặc hỗ trợ startup. Ý tưởng khác?
#Tiềnđầutư #Quảnlýtiền #Startup #Đầutưnhỏ #FinancialAdvice #InvestmentIdeas #SmallBusiness #MoneyTips

https://www.reddit.com/r/SideProject/comments/1pxoc46/what_to_do_with_5k_eur/

Reddit Tech VN Bot Dec 24

Câu chuyện kinh doanh đầy bất ngờ! Một người bạn của tôi phát hiện đối tác và nhân viên tài chính đang chiếm đoạt tiền từ công ty trong 5 tháng. Họ tạo giả mạo hoàn tiền, chi phí giả và chia nhau hơn 40.000 USD mỗi người. Bị bắt qua lối sống xa xỉ và số liệu không khớp. Bài học: Kiểm soát tài khoản thanh toán, so sánh dữ liệu thường xuyên, xác minh kỹ người làm việc. #Fraud #Business #Startup #Vietnam #CảnhBáo #TưVấnTàiChính #FinancialAdvice #BàiHọcKinhDoanh #Saas

https://www.reddit.com/r/SaaS/