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Your Money Guide on the Side

5 AI Prompts That Will Change How You Manage Money (And 3 Things It Still Gets Dead Wrong)

Your Money Guide on the Side

Tyler Gardner

Business, Education, Entrepreneurship, Investing, How To

4.92.4K Ratings

🗓️ 23 March 2026

⏱️ 39 minutes

🧾️ Download transcript

Summary

As always, a MASSIVE thank you to this week's sponsors: Gelt: I will forever regret not prioritizing a tax strategist early in my solopreneur journey. Don't make the same mistake I did and leave money on the table. If you are a business owner or a high net worth individual, check out Gelt today at joingelt.com/tyler. Fabric: there is a reason that term life insurance is number 4 in my financial order of operations, before an Emergency Fund, and before funding the Roth IRA. If anyone else depends on your income, cross this off your list today in ten minutes at meetfabric.com/tyler. And on to the show notes! AI isn’t replacing financial advisors. But it is getting surprisingly good at doing one of the most valuable parts of the job: stopping you from making bad decisions. In this episode, Tyler breaks down how to actually use AI as a financial tool — not for stock picks or shortcuts, but for clarity, structure, and behavioral coaching. Because the biggest gap in investing isn’t information. It’s execution. In this episode, Tyler covers: Why most investors underperform the market — and how behavior drives that gap How to build a complete financial snapshot for better decision-making How to use AI to uncover your real risk tolerance (not the one you think you have) How to create a simple, diversified investment strategy using structured prompts Why asset location (where you hold investments) matters more than most people realize How to stress test your plan using worst-case scenarios and Monte Carlo thinking How to use AI as a behavioral guardrail during market volatility The real risks: privacy concerns, bad prompts, and AI hallucinations The core idea: AI is a tool, not a replacement for judgment. Used well, it can help you think more clearly, avoid emotional decisions, and build a plan you actually understand. Used poorly, it can give you confident-sounding answers to the wrong questions. If you take one thing from this episode, it’s this: Better inputs lead to better decisions. And if AI helps you slow down, ask better questions, and avoid one major mistake, it’s already paid for itself. If the show’s been helpful, leaving a quick review on Apple or Spotify genuinely helps. Hope this gives you something to think about this week.

Transcript

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0:00.0

AI doesn't do financial planning. You do financial planning. The AI just makes it more accessible, more interactive, and potentially a lot cheaper.

0:09.4

But the quality of the output is a direct function of the quality of your input. Garbage in, garbage out.

0:16.8

And in financial planning, garbage can be measured in the size of your retirement account.

0:22.9

Hello, friends. This is Tyler Gardner, welcoming you to another episode of your money guide on the side,

0:28.7

where it is my job to simplify what seems complex, add nuance to what seems simple, and learn from

0:34.9

and alongside some of the brightest minds in money, finance, and investing.

0:39.7

So let's get started and get you one step closer to where you need to be.

0:44.7

Welcome back to your money guide on the side.

0:47.3

I'm Tyler Gardner, and today we're doing something that I've been genuinely looking forward

0:51.3

to for a while because the number of questions I've

0:54.3

gotten on this topic has officially reached what I call the critical mass level, which is the

1:00.7

level where I stop answering individual messages and make a whole episode instead. So,

1:06.1

congratulations, collective inbox. You win. Today's episode, artificial intelligence as your financial advisor.

1:13.6

I did an episode on this about a year ago at this point, and it got a lot of positive responses,

1:19.6

but even just over the past year, we've gone from AI might be helpful and cool to, holy crap, this thing is pure insanity, and if you're

1:29.8

not using it in some way daily to help you optimize your life, well, I think you're truly

1:35.3

missing out.

1:36.4

Additionally, I think this might be the most important episode I've recorded since the

1:41.7

tools at your disposal now could quite literally change your life

1:46.4

as they certainly have mine. But before anyone goes and writes in the comments and someone always

1:52.8

does, Tyler, AI can't replace a human advisor. I want to be very clear up front. I know. That's actually the point of the episode.

2:03.4

We're going to talk about what AI can do, which is quite a lot. What it cannot do, which is also

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