Jennifer Allan is a realtor and creator of The Genuine Realtor™ video series. Here’s how she’s using AI to get out of credit card debt and stay out. Allan had an overwhelming $23,000 in medical debt. To address this challenge, she announced an initial 30-day experiment with ChatGPT, documenting her journey in a TikTok series that quickly went viral with over two million views.
Now, on her path to financial independence, Allan attributes her success in part to ChatGPT for giving her discipline and motivation. Each morning, she would prompt the AI for one concrete deliverable. This task was so crafted to create profit to tangibly support her decreasing her personal debt. “Every day, I’m asking for one task to make money to pay down my $23,000 in credit card debt,” she stated. Allan’s nontraditional approach to the Raise Your Hand Campaign helped her raise more than $11,000. She paid down $12,078.93 in debt in just one month!
One of Allan’s coolest applications of ChatGPT that I found was prompting the chatbot to help locate unclaimed money across multiple mobile apps. “I went searching through my phone and I found on Venmo I had $100.80 that was sitting there,” she explained. Further, a discussion with her husband resulted in the finding that the couple had $10,200 sitting in an easily accessible brokerage account. She has $10,200 basically just sitting in this account that’s available. She was like I might cry, like I could literally cry right now,” she said, expressing the emotional toll of her experience getting her finances in order.
Allan’s approach has been successful for her students. Financial experts are warning against treating AI like a panacea. “AI can be a powerful assistant to come up with ideas, but certainly not a substitute for human expertise or critical thinking,” cautioned Carter, an industry expert. Ted Rossman, senior industry analyst at Bankrate, suggested people focus on long-term goals rather than knee-jerk reactions to debt.
Throughout her TikTok series, Allan contended with some wild, out-of-the-box ChatGPT recommendations. One particularly funny concept had the AI suggesting she auction a watermelon written on with her entire debt out on eBay, dubbing it “debt art.” Though a few concepts were whimsical, many others opened new and productive doors for revenue development.
