Hi all,

Just wondering if anyone else has started using Chat GPT or similar AI tools to help manage family finances or reduce expenses?

I started using it out of curiosity, but now it’s almost like my personal assistant – I’ve asked it for:

Budgeting templates tailored to a Singapore family of four

Meal plans to help reduce food wastage and save on grocery bills

Free or low-cost holiday activity ideas for kids during school breaks

Help drafting appeal letters (e.g. for enrichment refunds or financial aid!)

Honestly, it feels like this tool can replace a financial advisor, planner, and even tuition support in some ways.

But here’s what I’m wondering:
Are we going overboard trusting a free AI tool to help us make money-related decisions?
Is it ethical to use Chat GPT to draft things like appeal letters or negotiate fees?
Can it really help us save money long term or is it just giving “nice-sounding” advice?

Also — I’ve read stories of parents using Chat GPT to generate PSLE-style questions and skip tuition. If that’s true… that’s potentially hundreds saved per month. But would that be shortchanging our kids?

I’d love to hear how other parents are using AI to manage money or support their kids without spending more.
Have you found real cost savings from using Chat GPT? Or do you think it’s just a passing trend?

Let’s exchange tips! (And maybe save each other some $$ too )

My Sec 2 son uses ChatGPT mostly for summaries and checking if he’s on the right track. We’ve told him it’s okay to use it for support, but not to rely on it blindly. Like you said, it’s all about how they use it.

I do think schools need to start teaching AI literacy — this isn’t going away anytime soon. Might as well help them use it smartly, right?