Business
AI For Personal Finance: Is Using ChatGPT, Gemini Or Grok The Right Choice?
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Grok, ChatGPT and Gemini are popular for personal finance advice, but experts warn AI lacks nuance and should be used as an assistant, not a sole adviser.

Using AI more as an assistant than an adviser would be a more prudent.
Many people have turned towards popular generative AI applications such as Grok, ChatGPT and Gemini to take personal finance advice regarding wealth management and investment. With the growing dependency on these applications in the general aspect of life, the PF part hasn’t remained untouched, either.
What used to be the domain of experts in the personal finance segment and wealth management is being done by an AI chatbot in peanuts and at the fingertips. Thus, alluring people to use them while seeking PF advice.
In fact, the AI companies are also focusing on building their chatbots to be useful and friendly in relation to financial and investment advice, though there are doubts still pertaining to the relevance and truthfulness.
Is it the right choice to use these chatbots to take personal finance advice?
Amol Joshi, founder, PlanRupee Investment Services told Moneycontrol that managing personal finance isn’t a one-time or ‘fill it, shut it, forget it’ activity. He further said that it requires careful product selection, keeping in mind your investment horizon and risk profile. “AI cannot practically take care of all these aspects end-to-end, he added.
Experts say that one needs to manage their portfolio regularly, and if one, they say, can’t do it by themselves, then he needs to seek professional help.
Nehal Mota, co-Founder & CEO, Finnovate as quoted by Moneycontrol said relying on AI for personal finance can be a good starting point but it isn’t the solution in itself.
AI tools are good at breaking down complex ideas into simple explanations, doing quick calculations, and comparing financial products. This is especially useful in India, where overall financial literacy is estimated to be around 27 percent.
They help people quickly understand basics such as SIP returns, insurance coverage, or tax slabs. However, personal finance decisions are highly personal and depend on many factors — income stability, family responsibilities, risk appetite, tax status, and long-term goals.
Studies suggest that behavioural biases — like panic selling, staying inactive for too long, or chasing short-term gains — account for nearly 60–70 percent of poor financial outcomes. AI has limited ability to address these emotional biases. Also, since tax laws, regulations, and product structures keep changing, AI-generated responses may not always capture the latest compliance requirements or finer details, Mota said.
However, using AI more as an assistant than an adviser would be a more prudent, several experts said.
February 14, 2026, 14:32 IST
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Business
BrewDog owners say craft beer company could be sold off
Craft beer brand BrewDog could be sold off after the company started the process to find new investors.
The Scottish beer brand recently announced plans to close all of its distilling brands, meaning it would no longer produce any of its spirits, including Duo Rum, Abstrakt Vodka, and Lonewolf Gin, at its distillery in Ellon, Aberdeenshire.
The company, which was founded in 2007, said it made the decision to focus on its beer brands, including the highly-popular Punk IPA, Elvis Juice, and Hazy Jane.
Now, in a statement, a spokesperson for BrewDog said the company had appointed Alix Partners to “support a structured and competitive process to evaluate the next phase of investment for the business.”
The statement said: “As with many businesses operating in a challenging economic climate and facing sustained macro headwinds, we regularly review our options with a focus on the long-term strength and sustainability of the company.
“Following a year of decisive action in 2025, which saw a focus on costs and operating efficiencies, we have appointed AlixPartners to support a structured and competitive process to evaluate the next phase of investment for the business. This is a deliberate and disciplined step with a focus on strengthening the long-term future of the BrewDog brand and its operations.”
Although no decisions have been made, a sale is under consideration.
In a statment BrewDog added: “BrewDog remains a global pioneer in craft beer: a world-class consumer brand, the No.1 independent brewer in the UK, and with a highly engaged global community. We believe that this combination will attract substantial interest, though no final decisions have been made.”
According to reports by Sky News, AlixPartners had begun sounding out prospective buyers in the last few days.
The company, which has 72 bars worldwide and four breweries in Scotland, the US, Australia, and Germany, said its breweries, bars, and venues will continue to operate as normal. It employs 1400 people across the organisation.
BrewDog’s founders James Watt and Martin Dickie are the company’s major shareholders alongside private equity company TSG, which invested £213 million in 2017, making it a 21 per cent shareholder.
In 2024, the beer brand grossed £357 million in sales, and it is a major independent brewer with 4 per cent market share in the UK grocery market.
Business
Craft beer brewer BrewDog could be broken up as sale process begins
Beermaker BrewDog could be broken up after consultants were called in to help look for new investors.
The Scotland-based brewer, which makes craft beer such as Punk IPA and Elvis Juice, has appointed consultants AlixPartners to oversee a sale process.
Last month, BrewDog announced it was closing its distilling brands, sparking concerns for jobs at its facility in Ellon, Aberdeenshire.
The company, which was founded in 2007, said it made the decision to focus on its beer products.
No decision has been made in respect of the sale process.
A spokesperson for BrewDog said: “As with many businesses operating in a challenging economic climate and facing sustained macro headwinds, we regularly review our options with a focus on the long-term strength and sustainability of the company.
“Following a year of decisive action in 2025, which saw a focus on costs and operating efficiencies, we have appointed AlixPartners to support a structured and competitive process to evaluate the next phase of investment for the business.
“This is a deliberate and disciplined step with a focus on strengthening the long-term future of the BrewDog brand and its operations.
“BrewDog remains a global pioneer in craft beer: a world-class consumer brand, the number one independent brewer in the UK and with a highly engaged global community.
“We believe that this combination will attract substantial interest, though no final decisions have been made.
“Our breweries, bars, and venues continue to operate as normal. We will not comment on any further speculation.”
Brewdog operates 72 bars around the world as well as four breweries.
Business
‘Better to abolish RERA’: Supreme court says law helping defaulting builders
New Delhi: The Supreme Court has raised serious concerns over how real estate regulatory authorities are functioning across the country. Taking a sharp view, the top court said it may be “better to abolish” these bodies, suggesting they have failed to protect homebuyers and instead appear to benefit defaulting builders. The court added that states should reconsider the very need for such authorities if they are not serving their intended purpose.
A Bench led by Chief Justice of India Surya Kant and Justice Joymalya Bagchi said states should rethink the original purpose behind introducing RERA. The court observed that instead of protecting homebuyers, the law appears to be helping defaulting builders and not serving its intended role.
Expressing strong concern, CJI Surya Kant said states should reflect on the purpose for which RERA was created. He suggested the institution is failing to serve homebuyers and instead appears to benefit defaulting builders. “All states should now think of the people for whom the institution of RERA was created. Except facilitating builders in default, it is not doing anything else. Better to just abolish this institution,” CJI Kant said, quoted by Bar and Bench.
Last year, the High Court had stayed the state government’s decision to shift the RERA office, pointing out that the move was taken “without even identifying an alternative office location”. The court also noted that transferring 18 outsourced employees to other boards and corporations, as requested, “would render the functioning of Rera defunct”.
The Supreme Court, however, set aside the High Court’s order and allowed the state government to shift the RERA office to Dharamshala. It also permitted the relocation of the appellate tribunal to the same location. “With a view to ensure that persons affected by Rera orders are not inconvenienced, the principal appellate is also moved to Dharamshala,” the apex court said.
What Is RERA And Why It Matters
RERA, introduced in 2016, was aimed at addressing project delays, improving transparency and safeguarding homebuyers’ interests. Earlier, each state and union territory operated its own RERA website. However, in September 2025, the Ministry of Housing and Urban Affairs launched a unified RERA portal that brings together data from across states and UTs on a single platform.
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