Well-used artificial intelligence saves us time and money

The vast majority of people now shop digitally: three-quarters of the population in the EU and 83 percent of Christmas shopping in the US this year is expected to be done online. That’s why it’s important that our online shopping is efficient and secure. According to the latest international survey by Ipsos, three-quarters of Hungarians are aware of what artificial intelligence is, so its use is not new to many.

Know how much you spend on things

According to a recently published study, the Hungarian population spends an average of 102 thousand forints on Christmas-related holiday expenses. Whether you’re spending more or less on the holidays, planning your Christmas expenses properly is the first step to maintaining financial balance.
With the most popular and free artificial intelligence application, ChatGPT, you can easily create an Excel spreadsheet. Simply enter all planned expense types, then enter your budget and a table will be created that will allow you to track whether you still have room for additional spending compared to your intentions or whether you’ve reached your financial limits.

Tip: A possible prompt for creating the table is: “create a .xls format Christmas expense tracking spreadsheet that tracks holiday expenses and keeps them within a specified limit, with the main categories: food, drinks, gifts, Christmas tree, travel, decorations.” K&H’s income-expense tracker can also help you keep costs under control.

Christmas comes with costs, even if we make the gifts ourselves, as the ingredients have to be bought somewhere. Gift-giving is the biggest item of holiday spending (nearly 50 thousand forints this year), and it is perhaps the biggest headache: who and what should we buy for Christmas?