ChatGPT, the popular artificial intelligence (AI) bot, sometimes takes criticism for providing erroneous calculations or generic information. But when it comes to outlining the worst things you can do with your money, the AI is spot-on.
I asked ChatGPT this very question to see what advice it might give someone making this common search query, and the answers it gave surprised me. They read just like the recommendations a professional financial advisor might give clients who are beginning their financial lives. In other words, this information, while perhaps basic for advanced investors, is the type of knowledge that should be part of a financial literacy course for all Americans.
