Latest news with #Finder.com
Miami Herald
3 days ago
- Business
- Miami Herald
Does ChatGPT offer good financial advice? 6 answers reviewed
Does ChatGPT offer good financial advice? 6 answers reviewed Everyone is crowing about the endless possibilities AI presents, namely, saving you time on mundane everyday tasks. asked ChatGPT six common financial questions and graded its answers. ChatGPT's answers in their entirety are not included here since they got rather lengthy. Each question was asked in a new chat to ensure fresh answers without history that could impact answers to prompts. Note: It is not advisable to ask an AI chatbot for specific financial information or investment advice. Questions of that nature are best reserved for certified financial advisors or consultants who can give you answers based on your unique situation. 1. 'What is the best way to save money?' Is there a secret way to save money that ChatGPT knows about that will unlock wealth? Turns out, not really. The advice was sound, but nothing groundbreaking. ChatGPT responded with: "The best way to save money comes down to one simple idea: Make it automatic and make it invisible." The AI then provided six general "steps" to save money. The steps included things like "pay yourself first," which means transferring money to your savings account before paying any bills, automating savings, opening a high-yield savings account, and creating a budget. All of this is sound advice, but it's also very general. If you were to ask ChatGPT the best way to save money, you'll likely have to give the AI some information about your finances and situation to really get a good and grounded answer. Overall answer rating: B- This was solid general advice, but nothing groundbreaking. 2. 'How do I save money living paycheck to paycheck?' ChatGPT offered some decent advice for this question: "Saving money while living paycheck to paycheck can feel impossible - but small, consistent changes really do add up. The key is to focus on micro wins, automate what you can and cut what doesn't hurt." The phrase "micro wins" is a good mindset. The AI also suggested tracking every single dollar in and out, cutting out small expenses you can live without, negotiating insurance costs and starting a small emergency fund goal to avoid relying on credit cards if something comes up. Overall answer rating: A- The answers were solid with actionable plans. 3. 'What is the best bank account out there?' ChatGPT offered a few options with this opening: "There's no one-size-fits-all 'best' bank account - it depends on what you need. But if we're talking best overall value, a few standouts consistently offer a strong combo of high interest, low fees and great tech." The AI first said that SoFi Checking & Savings is a great choice for a high-yield savings account, saying that the account earns up to 4.6% annual percentage yield with direct deposit. Unfortunately, this is incorrect. The SoFi savings account only offers up to 3.8% APY as of June 2025, so that rate is out of date. However, SoFi is still a decent option. The chatbot then recommended the Fidelity Cash Management Account, but failed to mention that you need to be a Fidelity customer (since it's a brokerage account). It also suggested the Discover Cashback Debit account since it has 1% cash back on debit card purchases, which is true. Overall answer rating: B- The answer offered some inaccurate information, but it gave a variety of reputable options to compare. 4. 'What is the best budget method?' Is there a budgeting method that has been proven to be the best? Of course not, but here's what the bot said: "The best budgeting method is the one you'll actually stick to - but if you're looking for the most effective and beginner-friendly option, the 50/30/20 rule is a great place to start." The 50/30/20 rule is an old-fashioned way to budget, and it stipulates that you spend 50% of your income on expenses, 30% on wants, and 20% on savings. But with the cost of living right now, most people don't get to choose how much income goes toward living expenses. And the living expenses category includes a lot: rent or mortgage, vehicle expenses, insurance, utilities, loan payments, groceries and so on. If you want to use the 50/30/20 rule to organize your finances, there's a good chance you'll have to adjust those percentages to what you spend on expenses and how much you can save. Other popular methods include the zero-dollar method (every dollar has a purpose) and the envelope method (placing cash in envelopes for designated expenses or separating money into separate bank accounts). Overall answer rating: C+ The answer included a real budgeting method, but it's antiquated. 5. 'How many credit cards should I have?' Credit card debt is a real problem, and high interest rates aren't helping. Here's what ChatGPT has to say: "There's no magic number of credit cards that's right for everyone - but most people do well with 2 to 3. That gives you enough flexibility to earn rewards, keep your credit utilization low and build a strong credit score, without being overwhelmed." It then suggested having a general card for expenses, another for rewards, and a third store card for a place you shop at frequently. Store-branded credit cards tend to have very high APRs and lean toward predatory, but the fact that it doesn't recommend more than two or three cards overall is a good sign. Overall answer rating: C+ Chat GPT suggested a good recommended amount, but doesn't mention much about interest charges or the real risk of credit card debt. 6. 'How much should I save for retirement?' ChatGPT offered this typical formula: "A common rule is the 25x rule: Multiply your expected annual expenses in retirement by 25. This gives you a ballpark number based on the idea that you can safely withdraw around 4% of your savings each year. "For example: If you want to live on $60,000/year in retirement: $60,000 × 25 = $1.5 million needed by retirement." Now, the 25x rule is a common guideline. However, you'll have to keep asking the AI questions and feed it information about your finances to get an answer that would even come close to what you're actually asking. If you're in your 20s, how would you know your expected annual expenses in retirement? Are you factoring in inflation? Do you already have a retirement plan, or do you have nothing saved and you need full guidance? There are way too many variables when calculating your retirement, and while ChatGPT can offer some base guidelines and formulas, this conversation is best had with a financial planner in person. Overall answer rating: D There were too many variables to get a solid answer, and this tool isn't qualified to give investment advice. Bottom line ChatGPT is best for general answers to questions, but it's not great at specifics. If you feed it information about your financial situation, it may be able to craft a budget based on your expenses or help you make a grocery list under a dollar amount, but the program shouldn't be used for things like investing or retirement advice. If you have general questions about financial topics, it can be a great tool to learn, but for real guidance, talk to a real person who's educated, experienced and certified. This story was produced by and reviewed and distributed by Stacker. © Stacker Media, LLC.
Metro
23-05-2025
- Business
- Metro
Nutella is launching a new spread — and it's better than the original
Whether you slather it on toast, add it to cakes and brownies or spoon it straight into your mouth from the jar, there's no denying that Nutella is the superior choice when it comes to chocolate spread. As such, many fans will likely be overjoyed to learn Ferrero – the company that makes it – is launching a brand new version of the hazelnutty treat. Very soon a plant-based version of the iconic spread is going to be available in the UK, which contains a rather surprising ingredient – chickpeas. According to the manufacturers, the new product boasts the same 'flavour and creaminess fans know and love' but has been 'specially crafted to offer a delicious new choice, blending Nutella's signature roasted hazelnuts and cocoa with plant-based ingredients like chickpeas and rice syrup'. The vegan-certified spread hits Sainsbury's stores nationwide from May 25, but you won't find it in any other supermarkets for a while, as a full roll out isn't planned until 2026. Nutella, which was first created in 1964, has vastly remained the same for the last 60 years, with the brand's range expanding in recently to include biscuits, ice cream and dunkable &Go pots. However, this is the first time that a plant-based alternative has been offered here. Those across Europe have already had a taste, as it previously launched in Italy and beyond in September 2024. The UK release comes after research revealed that around 2.5 million adults (4.7%) in the UK now follow a vegan diet, with a furter 5.8% identifying as vegetarian and 13% choosing a flexitarian lifestyle. And it's been predicted that more than a quarter of adults plan to make plant-based eating part of their routine by the end of 2025, according to research by Speaking about the launch, Mathieu Maggi, Marketing Director Nutella UK&I, Ferrero, said : 'For over 60 years, millions of people around the world have, been enjoying the unique taste of Nutella, and we are excited to welcome even more consumers to the brand with the launch of Nutella Plant-Based. 'We developed this innovation to provide a delicious new choice that delivers the unmistakable Nutella experience in a plant-based version, replacing milk with vegetal ingredients without compromising on quality and taste.' Metro's specialist food writer, Courtney Pochin, gave the new spread a try ahead of its release in supermarkets and was a big fan. 'Whenever I hear a chocolate product is vegan, I become a little prejudiced towards it, convinced there's no way it'll taste as creamy or sweet as the regular stuff,' she said. 'However, Nutella's new spread well and truly proved me wrong. 'Despite containing some unexpected ingredients, it tastes almost identical to the original version and looks just as good too. More Trending 'If you handed me a piece of toast covered in this spread without saying a word, I honestly don't think I'd notice anything was out of the ordinary – it smells the same, is super creamy and is delicious. But if you really want me to nitpick the subtle differences between the two, I can… 'The plant-based Nutella is a little less sweet than the regular one. This might sound like a negative thing, but it actually just means it tastes nuttier. For those who find the OG too sickly, this will be a much better option for you.' View More » She added: 'I don't buy vegan products very often, but I can definitely see myself getting this instead of the other one from now on. I'm a convert.' Do you have a story to share? Get in touch by emailing MetroLifestyleTeam@ MORE: 10 unmissable Time Out deals — including 50% off entry to London's secret gardens MORE: Cheap £2.49 supermarket sausages officially crowned better than M&S and Jolly Hog MORE: What to do in London if you didn't get tickets to Chelsea Flower Show
Business Mayor
21-05-2025
- Entertainment
- Business Mayor
Man orders pint in Benidorm and is shocked when he hears the price
Brits in search of an affordable holiday with a vibrant atmosphere are flocking to Benidorm, a resort where the nightlife sparkles and drinks flow until the sun comes up – making it an absolute magnet for stag dos. But just how budget-friendly are the pints in this Spanish haven? Graham White, also known as Benidorm Grumet among his almost 60K TikTok followers, couldn't believe his eyes when he discovered a pint going for less than a cuppa. At a certain spot, a humble brew costs £1.66, yet Graham found himself ordering a pint of beer for a mere 83p – a price that would have Brits doing a double-take back home, reports the Express. The 48-year-old social media sensation took to TikTok to share his bargain-hunting adventure. In the video, Graham gives viewers a tour of the pub's ambience and introduces the staff and clientele before putting the barmaid on the spot: 'How much is it for a pint of Estrella?' READ MORE: Brits heading to Europe warned to budget for 'extra tax' in summer hotspots 'One euro, one euro for a pint,' she declared, an offer too good for Graham to pass up. He then questioned the price of a brew and found out it was exactly twice the cost of a pint, at two euros. While some of his fans were amazed, others doubted the authenticity of such a deal. 'People called me a liar and said there was no place in Benidorm where you can get a one-euro pint. So I went in and got one,' Graham claimed, silencing the critics by showing them it's the real deal. Read More The White Lotus Thailand hotels you can actually stay at Dubbed as the 'cheapest bar in Benidorm,' one patron couldn't hide their surprise at the bargain prices, stating it was 'double [the price] for a cup of tea.' With the average pint in London costing a hefty £6.50 according to and the UK-wide average not far off at £5.44, holidaymakers might find themselves getting merry for a fraction of the price after touching down in sunny Benidorm. Graham paid a mere 83p for the pint of beer (Image: (Image: Jam Press/@Benidorm_grumet1)) The post quickly sparked a flurry of comments, with some wittily asking, 'Why would you bother with anything else?' Another chimed in to praise Benidorm's economy, labelling it 'cheap as chips' compared to numerous other tourist traps. The response didn't stop there – someone bemoaned, 'Love the price, pity I don't drink.' Another recent visitor couldn't wait to share, 'Went here yesterday, the food is ace as well.' Further reactions included kudos like 'Bargain of the day' and another declaring, 'May as well get the pints in!'. READ MORE: Water-resistant nine-person tent with 'three bedrooms' gets price slashed by over £100 in sale
Daily Mirror
21-05-2025
- Entertainment
- Daily Mirror
Man orders pint in Benidorm and is amazed when he hears the price
Graham White, also known as Benidorm Grumet, often goes to the Spanish resort and decided to put one of his fans' theories to the test - and he was left stunned at the results Brits in search of an affordable holiday with a vibrant atmosphere are flocking to Benidorm, a resort where the nightlife sparkles and drinks flow until the sun comes up – making it an absolute magnet for stag dos. But just how budget-friendly are the pints in this Spanish haven? Graham White, also known as Benidorm Grumet among his almost 60K TikTok followers, couldn't believe his eyes when he discovered a pint going for less than a cuppa. At a certain spot, a humble brew costs £1.66, yet Graham found himself ordering a pint of beer for a mere 83p – a price that would have Brits doing a double-take back home, reports the Express. The 48-year-old social media sensation took to TikTok to share his bargain-hunting adventure. In the video, Graham gives viewers a tour of the pub's ambience and introduces the staff and clientele before putting the barmaid on the spot: "How much is it for a pint of Estrella?" "One euro, one euro for a pint," she declared, an offer too good for Graham to pass up. He then questioned the price of a brew and found out it was exactly twice the cost of a pint, at two euros. While some of his fans were amazed, others doubted the authenticity of such a deal. "People called me a liar and said there was no place in Benidorm where you can get a one-euro pint. So I went in and got one," Graham claimed, silencing the critics by showing them it's the real deal. Dubbed as the "cheapest bar in Benidorm," one patron couldn't hide their surprise at the bargain prices, stating it was "double [the price] for a cup of tea." With the average pint in London costing a hefty £6.50 according to and the UK-wide average not far off at £5.44, holidaymakers might find themselves getting merry for a fraction of the price after touching down in sunny Benidorm. The post quickly sparked a flurry of comments, with some wittily asking, "Why would you bother with anything else?" Another chimed in to praise Benidorm's economy, labelling it "cheap as chips" compared to numerous other tourist traps. The response didn't stop there - someone bemoaned, "Love the price, pity I don't drink." Another recent visitor couldn't wait to share, "Went here yesterday, the food is ace as well." Further reactions included kudos like "Bargain of the day" and another declaring, "May as well get the pints in!".
Daily Record
21-05-2025
- Entertainment
- Daily Record
'I bought a pint in Benidorm and couldn't believe how much I was charged'
A British holidaymaker recalled the moment he enjoyed a drink over in the Spanish hotspot and was left astonished by how much he had to pay Benidorm has proven itself as the ultimate destination for a budget-friendly jolly with mates, as one man discovered on his visit. The resort offers day-long clubbing, endless cocktail sipping and a chance to witness numerous stag parties making fools of themselves, making it the perfect getaway spot. However, the burning question remains: how much will you pay for a pint there? That mystery was solved by one Brit currently enjoying himself in the Spanish resort town. Graham White was gobsmacked when he stumbled across a pub offering pints at less than the price of a cup of tea. Although tea costed £1.66 in that establishment, a pint of beer was available for a mere 83p – an unbelievably thrifty find, especially compared to UK prices. The 48-year-old, who shares his Spanish escapades on his Benidorm Grumet TikTok channel, captured his discovery in a video, which elicited shock from viewers amazed by the pint's low cost. In the footage, Graham pans across the patrons and staff before querying the barmaid: "How much is it for a pint of Estrella?" She responded: "One euro, one euro for a pint," confirming that it was definitely time for Graham to order a round. Interested in the comparison, he then enquired about a cup of tea, only to find out its price was double that of a pint at two euros. This price revelation staggered some of Graham's 59,000 TikTok followers, with a few sceptical souls even doubting the veracity of his claim. But that did not put him off and he triumphantly declared to his doubters: "People called me a liar and said there was no place in Benidorm where you can get a one-euro pint. So I went in and got one." Graham hailed it as the "cheapest bar in Benidorm," and expressed astonishment that a cup of tea was "double for a cup of tea". suggests that the typical cost of a pint in London stands at £6.50, while the national average across Britain hits £5.44. Therefore, holidaymakers in Benidorm can expect to enjoy several rounds for the price of a single London pint. Affectionate and humorous responses poured into the comments section with one user jesting: "Why would you bother with anything else?", while another comment indicated that Benidorm was "cheap as chips" in comparison to alternative holiday hotspots. Other people also praised the bar Graham went to, with comments such as "Love the price, pity I don't drink," "Went here yesterday, the food is ace as well," "Bargain of the day," and "May as well get the pints in!"
