How One Nonprofit Is Turning to AI To Help Boost Women’s Financial Literacy

The nonprofit Savvy Ladies recently introduced an AI chatbot to provide quick financial advice, aiming to empower women with financial literacy. A survey conducted by CFP Board revealed that investors are more likely to trust advice generated by AI tools compared to information from social media platforms. However, in both cases, investors have more confidence in the advice once it has been vetted by a financial planner.

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