One in ten Brits prefer using AI for money help - reason why might surprise you
A recent poll reveals that 10% of Brits prefer AI assistance for financial advice, with half open to utilizing AI for managing money.
A new survey by the Post Office indicates a growing trend among Brits towards using Artificial Intelligence for financial assistance, with 50% of respondents willing to seek AI guidance for managing their money. This shift represents a significant embrace of technology in personal finance, as more people turn to AI for help on saving strategies, bill reduction ideas, and goal-setting support.
Interestingly, the research also highlights that while AI is becoming a popular choice, alternative online platforms like independent blogs and podcasts (13%) and YouTube (12%) remain significant resources for financial guidance. Furthermore, the workplace is evolving into a key space for financial conversations, with 27% of those surveyed expressing a willingness to discuss financial matters with colleagues, indicating that peer-to-peer advice continues to hold value in this digital age.
The survey findings suggest that the convenience of AI tools appeals to many users, as 13% of Brits indicated they would prefer advice from AI over human consultants. With the increasing accessibility and effectiveness of technology, this trend signals a potential shift in how financial advice is traditionally sought, creating both opportunities and challenges for financial advisors as they adapt to the rise of technology-driven solutions.