A woman in Delaware, United States, made ChatGPT her personal financial adviser and used the AI chatbot's tips to pay off credit card debt, which is $23,000.
Allan thought of using AI to give her the “momentum” to pay off the credit card debt. (Pexels)
Jennifer Allan, 35, took inspiration from the 30-day challenges trending on social media platforms. She decided to use ChatGPT every day for 30 days, paying off more than $12,000 of her debt ( ₹10,27,000).
{{^htLoading}} {{/htLoading}}
“…Whether that was brainstorming side hustles or just giving me a little structure”, she told Newsweek.
The realtor and content creator recounted her “struggle with money” during her whole adult life. Allan said that while she makes enough, she was never taught financial literacy. “I avoided budgeting and I figured if I just kept working harder, I could out-earn the problem,” she said.
Allan said that it worked for a while, “until it didn't”.
She said that things “unravelled” after the birth of her daughter, with NICU, postpartum recovery and other expenses that come along with a newborn.
Allan recalled that she “shut down emotionally”, using credit cards to keep things afloat, according to Newsweek. “We weren't living lavishly. We were just surviving,” she said, adding that the debt kept piling up.
{{^htLoading}} {{/htLoading}}
{{^usCountry}}
Following this, Allan thought of using AI to give her the “momentum” to pay off the credit card debt.
ChatGPT's one-challenge-a-day for Allan
{{/usCountry}}
{{#usCountry}}
Following this, Allan thought of using AI to give her the “momentum” to pay off the credit card debt.
ChatGPT's one-challenge-a-day for Allan
{{/usCountry}}
According to Newsweek, ChatGPT would suggest one challenge every day which would help Allan in saving or earning a little money. These included cancelling a subscription, filing for unclaimed money, selling items through Facebook Marketplace.
The chatbot even suggested searching for coins in old purses and in between couch cushions. This earned Allan about $100.
ChatGPT also advised her to look through her apps and accounts. Following this advice, Allan discovered more than $10,000 lying in a brokerage account and from finance apps like Venmo.
{{^htLoading}} {{/htLoading}}
“I'm super, super happy with that. I've essentially paid half of my debt off,” Allan said in a clip posted to her TikTok account
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
Home/World News/Woman uses ChatGPT to slash ₹10 lakh credit card debt in 30 days
{{^htLoading}}
Advertisement
{{/htLoading}}
SHARE THIS ARTICLE ON
{{#usCountry}}{{/usCountry}}
Hindustantimes wants to start sending you push notifications. Click allow to subscribe
