Any self hosted personal finance projects doing anything interesting with AI that you've found value in?

Comments

• BlameThePeacock@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

  Saving money doesn’t really need an AI, there really aren’t many ways to cut budgets down short of paying attention to the most obvious spending problems (Too much housing, too much vehicle, too much food (especially eating out), and too much entertainment(too many subscription platforms))

  It’s usually a far better investment of time to improve your earning power (upskill, change jobs, add hours, etc.)

  Cutting $40 per month from your budget by not going to the movies every week just isn’t going to have the impact you need in your life.

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  • aksdb@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    Where I could see an LLM being useful is categorizing entries and maybe proposing sanitization (for example when the payment provider uppercases or abbreviates stuff)

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    • chazwhiz@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Yep, that’s exactly the sort of thing I’m thinking about here. And it doesn’t even need to be full on chat style LLM, just some decent NLP that can recognize WALMART, WAL-MART, or WMART are all the same thing and label it.

      But for some reason this question brings out all the assumption people who want to give financial advice or talk about the AI image the saw last year with 6 fingers.

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    • chazwhiz@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      I found this which is overkill for personal use (plus not self hosted etc) but does a good job of laying out this sort of application: midday.ai/…/automatic-reconciliation-engine/

      “Instead of just comparing text strings, we use 768-dimensional vector embeddings to capture the semantic meaning of transactions and receipts.

      // Generate embeddings for transaction data
      const transactionText = prepareTransactionText({
        name: transaction.name,
        counterpartyName: transaction.counterpartyName,
        merchantName: transaction.merchantName,
        description: transaction.description
      });
      
      const embedding = await generateEmbeddings([transactionText]);
      

      These embeddings allow our system to understand that “AMZN MKTP” and “Amazon Marketplace Purchase” refer to the same thing, even though the text strings are completely different. The system learns patterns like:

      • “SQ *COFFEE SHOP” → “Square Coffee Shop Receipt”
      • “PAYPAL *DIGITALOCEAN” → “DigitalOcean Invoice via PayPal”
      • “APL*APPLE.COM” → “Apple App Store Purchase””

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  • asbestos@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    You need to live not as hard

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    • BlameThePeacock@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

      Why?

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• dditty@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago

  I am not aware of any self-hostable AI-powered financial/budgeting software. I am using Actual budget and finding it pretty awesome tho. It has an API you might be able to do something with

  www.actualbudget.com

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• paulcdb@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  All I want is software that I can put DD’s and known regulars in and it can tell me how much I’ll have in 3 or 6 months time.

  I’ve tried firefly, actual budget and most of the docker based ones but still stuck using the forecast app on the ipad.

  They’re all just way to over complicated for what anyone I know wants and given how AI can’t get the simplest things right, I’d rather someone just work on simplicity that works, like microsoft money didn’t before they killed it. 🙄😕

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  • chazwhiz@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    It’s not self hostable, but you mean something like this? calendarbudget.com

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    • paulcdb@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      Its also not free lol

      I’m broke and no way am I paying for something to help me not be broke. It just always confuses me how everything these days is over thought rather than K.I.S.S.

      I think I belong in some other universe! 😞

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• CapnClenchJaw@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  This is an interesting and smart use case for locally run (and properly siloed) AI. Kind of a “identify any brush tends when it comes to spending habits, with particular focus on discretionary spending and areas where I can save money”.

  Have you tinkered with any LLMs for this? If so, which ones do better than others? I could see SLMs being really good for this eventually.

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  • chazwhiz@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    I played a bit with the basic concept of identifying and categorizing merchants by importing a transaction csv into google sheets and writing a custom function that called the OpenAI API, basically just passing the raw merchant string along with “What category of business is this?”. It did well, the next step would have been to add a step that compared to a predefined list of possible categories. I didn’t compare any models or other platforms though. This was last year so I might play with it again.

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