Grow Your Wealth

Financial Fitness: Glow Up With These AI Budgeting Tools

Budgeting tools that'll let you spend as little time as possible thinking about your budget 🙃

An image of someone carrying flowers with the title 'financial fitness: glow up with these ai budgeting tools' over the top.

With the growing cost of living and the endless magic of Tiktok ads, it's all too easy to fall into a negative pattern of spending that leaves your bank account gasping for air.

If this is you, don’t worry. Recovering your financial health is like strengthening a muscle. It just takes practice and repetition, and then you can do it without thinking.

We’re gonna show you some budgeting tools that make recovering your financial health as easy as possible. They make budgeting painless by doing the brain-frying math, the expense tracking, and automating the painful tasks. You just have to stick to your budget– and they even make that bit easier, too.

So, let's dive in and explore how AI Budgeting Tools can help you regain control of your finances and feel better about your financial health. (BTW, they’re all free with Cleo.)

Expense Categorization: Budgeting Tools for the Organized Soul

You’ve just got the notification from your bank that you’ve overdrawn, and you’re scrolling through your transaction history wondering where TF your money went this month. Happens to the best of us. But it’s not fun.

With expense categorization, you get a clear picture of your finances, where your money is escaping to, and how you can fix it.

This is basically the first AI budgeting tool you come across after you download Cleo for free. Here’s how it works: Cleo uses AI to analyze your bank transactions and automatically categorize your expenses. Your morning coffee? That's your "Dining Out" expense. The sweater you were absolutely swindled for on Depop last week? That's in "Shopping.”

Cleo does all the heavy lifting for you, giving you a crystal-clear view of where your money is going. It’s not about totally removing the spend on things like eating out and shopping, it’s about doing it in a way that’s sustainable and won’t eat in to your essential spending. This is the building block for your personalized budget.

A Personalized Budget: One Size Doesn't Fit All

Budgeting is not a one-size-fits-all game. What works for your best friend may not work for you, and that's perfectly fine. Cleo's Personalized Budget feature understands this, and gives you financial advice tailored just for you.

Here's how it works: Cleo analyzes your spending habits and income, taking into account your financial goals. She then crafts a budget that's unique to you. Want to save more for that dream vacation or pay off your student loans faster? Cleo's got your back.

Those expense categories you set up already? The budget works by suggesting spend limits for each (which you can tweak) and sending you DMs when you’re about to hit one.

Automatic Saving: Save on Autopilot

Saving money feels amazing. Actually putting it aside? So hard. Especially when you have a constant stream of temptations coming your way.

With autosave, Cleo finds smart ways for you to save money each month, and (with your consent) transfers the money to your wallet at regular intervals.

The benefits?

  • You get to consistently put money towards your goals, giving you a timeline towards reaching them
  • You avoid “accidentally” spending money that’s earmarked for your savings

Roast Mode: Tough Love When You Need It

We all need a little tough love now and then. Especially when our spending habits start to spiral out of control. Cleo's Roast Mode isn't your typical budgeting tool—she’s like your cool but scary Aunt who's not afraid to call you out on your financial missteps.

Just type “Roast me” into chat to get started. We dare you.

The Haggle it Tool: Save on Your Bills and Rent

It’s not just about saving money on your non-essential spending. Finding ways to save money on your regular outgoings is also possible. Cleo's Haggle It tool helps you do exactly that.

You just tell Cleo what expense you want to haggle (bills or rent), how fiery you want it to be, and she’ll create a good-to-go letter to send to Whom it May Concern.

1 in 3 survey respondents saved money with Haggle It. We think those are pretty good numbers.

Your Path to Financial Fitness

In 2023, managing your finances doesn't have to be a stress-sweat-inducing task. With Cleo's Budgeting Tools, you can take charge of your money and achieve your financial goals without breaking a sweat.

Meet you, but with good money habits.

Still have questions? Find answers below.
How does Cleo's Expense Categorization feature work?
How does Cleo create a personalized budget for users?
How does Cleo's "Haggle It" tool help people save money?
Are Cleo's budgeting tools free to use?
Written by

Read more

Text that says 'Let's (side) hustle'
Grow Your Wealth

How to start a side Hustle in 2020

As well as learning to cross-stitch ‘I Am bOrEd’ and developing a deep appreciation for literally anyone but our roommate, this pandemic has given us a chance to remember what we’re actually passionate about. With 49% of you in the US and 71% of you in the UK experiencing a drop in income last month, there's never been a better time to turn those things into a side hustle.


signing up takes
2 minutes

QR code to download cleo app
Talking to Cleo and seeing a breakdown of your money.
// Table of Contents Dynamic Script //