Sondra King of Phoenix is one such individual leveraging AI for her benefit. King works as a nurse but runs her own business called Rosewater and Castiron on the side, where she works as a master crafter. “I use ChatGPT every day,” she said.
“I use it to write my product descriptions, promote my website, and create the keywords that will help you find my website.” By incorporating AI into her workflow, King has seen her business boom. She helps clients with special occasions and assists fellow crafters in mastering new skills. From making money with AI creatively to managing personal finances, AI can help optimize investment decisions too.
“It feels a little bit scary, right? AI in finances, AI in investing, taxes,” said Alexander Harmsen, CEO of PortfolioPilot, an automated financial advisor.
King’s AI-enhanced side business
“Our system is actually able to give real fiduciary advice.” Harmsen noted that his company is registered with the SEC as an investment advisor and has a robust compliance program. PortfolioPilot has 22,000 users receiving advice on estate planning and taxes, tracking everything in one place. “We have something like $20 billion of assets on the platform already, and it’s taking off,” Harmsen said.
“There’s a ton of interest in this, partly because we don’t charge anything out of the gate.”
Clearly, more people are turning to AI tools to enhance their workplace performance. King, for example, is on track to double her sales from last year. “Yes!” said King.
“While I do love to talk and I am full of words, I am not as creative as ChatGPT… she is my bestie.”
AI is opening new avenues for both personal and business financial growth. As more people like King and Harmsen explore these tools, the potential for increased income and better financial management appears more promising than ever.
