AI isn't just changing tech. It's transforming how we work, earn, invest, and reach financial

independence and early retirement. Today, we're breaking down exactly how we use AI and how this

could impact your financial independence.

Hello, hello, hello, and welcome to the Bigger Pockets Money podcast. My name is Mindy Jensen.

And with me as always is my Grock is his AI of Choice co-host, Scott Trench.

Minnie, great to be here with my gem and I of a co-host, Mindy Jensen. We haven't talked about

AI very much here at Bigger Pockets Money. I think it's kind of been overblown

and underblown and the discussions around how it's going to impact finances and those types

of things. I think enough time is passed now and you and I have both gotten comfortable enough

using AI here at Bigger Pockets Money to help us power what we're doing. We can kind of talk about

what we're seeing here and kind of distill the notes that we've gathered from, you know, various research and thoughts from people who are much more, you know, obsessed with the topic of AI, I think, than neither of us. So I think this will be a great discussion. And I think this is a real impact to the fire journey. And I think there's real opportunities here for folks to use this technology to power things forward. I also think there's a lot of unknowns left and that that will get fleshed out over the next two or three years. Yeah,

I have historically not been super excited about technology and changes in technology. And it did

take me a while to embrace AI just because I don't like tech. I did a couple of things with chat GPT earlier in the year. I asked it a question. It's like, is this guy blue? And it's like, no, this guy's magenta or like whatever garbage answer it gave me. And I was like, oh, AI has a long way to go. Like, I'm not even going to bother using it. But then at FinCon this year, so many presentations were focused on AI.

And I thought, maybe I do need to start looking at this little bit more.

What I'm using AI for is idea generation.

Not so much fact finding because they can find a fact about anything if it's true or not.

The idea generation opportunities are amazing and finessing

the language that I'm using. It's great for specific things and it's really bad at other things.

What are you using AI for, Scott? I'm using it almost all the time and increasing levels.

One of the areas that I'm having the most fun with is like

a CEO of Bigger Pocket software development was the expense center. It was really expensive.

And I kind of described it to you like this, Mindy, like imagine you're trying to paint a picture.

...