How to Use AI to Reach Financial Independence Faster

AI isn't just changing tech. It's transforming how we work, earn, invest, and reach financial independence in early retirement. Today, we're breaking down exactly how we use AI and how this could impact your financial independence. Hello. Hello. Hello. And welcome to the Bigger Pockets Money podcast. My name is Mindy Jensen. And with me as always is my grok is his AI of choice cohost, Scott Tretch. Minnie, great to be here with my Gemini of a cohost, Mindy Jensen. We haven't talked about AI very much here at BiggerPockets Money. I think it's kind of been overblown and underblown in the discussions around how it's gonna impact finances and those types of things. I think enough time has passed now, and you and I have both gotten comfortable enough using AI here at BiggerPockets Money to help us power what we're doing. Well, we can kinda talk about what we're seeing here and and kinda distill the notes that we've we've gathered from, you know, various research and and and thoughts from people who are much more, you know, obsessed with the topic of AI, I think, than than either of us. So I think this will be a great discussion, and I think this is a real impact to the fire journey. And I think there's real opportunities here for folks to use this technology to power things forward. I also think there's a lot of unknowns left and that that will get fleshed out over the next two or three years. Yeah. I have historically not been super excited about technology and changes in technology, and it did take me a while to embrace AI just because I don't like tech. I did a couple of things with ChatGPT earlier in the year. I asked it a question. It's like, is the sky blue? And it's like, no. The sky is magenta or, like, whatever garbage answer it gave me. And I was like, oh, AI has a long way to go. Like, I'm not even gonna bother using it. But then at FinCon this year, so many presentations were focused on AI, and I thought I maybe I do need to start looking at this a little bit more. What I'm using AI for is idea generation, not so much fact finding because they can find a fact about anything if it's true or not. The idea generation opportunities are amazing and finessing the language that I'm using. It's great for specific things, and it's really bad at other things. What are you using AI for, Scott? I'm using it almost all the time in increasing levels. One of the areas that I'm having the most fun with is, like, a CEO of BiggerPockets software development was the expense center. It was really expensive. And I I I kinda described it to you like this, Mindy. Like, imagine you're trying to paint a picture. Like, you're an artist, right, trying to paint a painting. And …