Viva Press Release: (April)
Chat GPT is a form of artificial intelligence (AI) that generates dialogue and information based on human interaction. It’s free to use, and can answer questions, simplify jargon, and even tell jokes, amongst a whole host of other things.
Originally launched in November 2022, Chat GPT now boasts over 180 million monthly users, including individuals and businesses. When surveyed, 44% of business owners advised that they planned to use Chat GPT to translate content into additional languages.
Dan Whittaker, a personal finance expert at Vivamoney.co.uk, shares 5 ways that using Chat GPT could possibly save you time and money.
1. Set a monthly budget
‘Setting a budget could make a big difference to our monthly expenses,’ Dan says. ‘If you’re looking to cut back and save, taking some time out to devise a budget is a great first step. In the long run, budgeting might assist in preventing overspending, and even reveal ways that you can reduce your monthly outgoings. Scrutinising your spending can feel overwhelming, especially if you’re new to budgeting, so you might find online tools such as Chat GPT can help you get started.
‘Enter your monthly income and all essential outgoings into Chat GPT and ask it to produce a budget for you. Be sure to make a note of any active saving goals, as these will also be taken into account. Based on the figures provided, Chat GPT will generate your own personal plan, which you can then copy onto a spreadsheet or print out for reference.’
2. Love your leftovers
‘Many of us will be familiar with that end-of-week situation, where we open the fridge to discover only random items such as a couple of broccoli florets, half a box of eggs, and some chicken. Before you reach for the takeaway menu, fire up Chat GPT, list your leftovers, and ask for some recipe ideas. You’ll be presented with several options, meaning all you have to do is pick the one that sounds tastiest. This is a great example of how AI can reduce food waste and save you some money at the same time.
‘Some recipe inspiration that Chat GPT provided for broccoli, eggs, and chicken included stir-fry, casserole, and fried rice dishes. Each Chat GPT recipe comes with cooking instructions, saving you time and effort.’
3. Create content that engages with your customers
If you’re a business owner, you’ll be aware of the importance of keeping your online presence updated and your content fresh. Coming up with new and engaging content isn’t always easy, especially when you’re already busy running a business.
In need of a few paragraphs for a newsletter, some snappy social media captions, or a couple of light-hearted puns to encourage customers to open your latest email campaign? Look no further than Chat GPT.
As an example, we asked Chat GPT if it could conjure up a selection of cake puns for a bakery social media page, and we were not disappointed! We’ve listed some of our favourites below to give you an idea of how your company could put Chat GPT to clever use.
· Life is what you bake it.
· There’s muffin’ like cake time!
· Donut worry, be happy.
4. Write a CV
‘Drafting and updating a CV is a tedious task that many of us put off doing. Sitting down and listing previous jobs and the responsibilities we carried out in each can be time-consuming. Various online services offer to write your CV for you at a price, but before you commit to this, you may wish to consider using Chat GPT instead.
Chat GPT can polish up your CV for no cost whatsoever, giving you the confidence to apply for that dream job.
‘You can either use it to assemble a basic template that you’re able to fill in yourself, or you can provide a list of your previous job titles and allow it to use its knowledge of each to input details of duties associated with each role. Don’t forget to give your new CV a good proofread before sending it out, so you’re sure it’s an accurate and honest reflection of your work experience.’
5. Bespoke presents
‘Looking for a unique, low-cost gift? Whether it’s a Mother’s Day poem or a story starring your child, Chat GPT can help you create a bespoke present. In a matter of seconds, Chat GPT could produce a personalised poem or story that your loved one will cherish. All you need to do is provide a few basic details and allow AI to do the rest. You can start your request by typing in things in such as, “please put together a poem for my Mum, Janet. She’s really helped me through a tough time recently,” or “please write a short story about a little boy called Cassius who wants to be a footballer and has a dog called Spot.”
‘You could print out and frame your poem or turn your story into a proper book complete with your very own images, using the FreePrints Photobook app.
Cheap, cheerful, and hugely meaningful gifting.’
Viva Money has shared ways that Chat GPT could save you time and money.
-ENDS-
About Viva Money
Viva Money is not a lender but is a fully regulated and authorised credit broker. Viva Money is a registered Trading Name of Digitonomy Limited, Registered in England and Wales (Company number 08385135), Registered Office; Steam Mill Business Centre, Steam Mill Street, Chester, Cheshire, CH3 5AN. Digitonomy Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 690249. Licenced by the Information Commissioners Office, (registration number ZA007309)
Website: https://vivamoney.co.uk/
Dan Whittaker - Personal Finance Expert at Viva Money
Dan has strong market and product knowledge across a range of consumer finance products including, but not limited to, credit cards, savings, loans, and mortgages.