Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Meta’s Muse says it can manage your money. Should you let it?
Meta launched Muse, its new
<p>Muse is Meta’s personal AI agent. The company describes it as ” an agent that takes on more of the work so people can focus what matters to them.>
Plenty of other AI agents exist today with features that allow users to help with tasks — whether that’s setting up a work meeting on a shared calendar, writing code, or planning a summer vacation.
Instead of just chatting with users and responding to prompts, these agents can make decisions based on information already discussed and take actions on the user’s behalf, generally based on parameters they’ve set.
Many have also begun integrating personal finance tools for users. OpenAI’s ChatGPT has a “personal finance experience” that lets you connect your <a built for everyone" with "no learning curve."
According to Meta (META), Muse can take on tasks that those already using agentic AI are familiar with, <a Once a person shares a goal with Muse, it helps them develop a personalized plan and coordinate their time and re fill out forms, and negotiate on their behalf."
Meta is also positioning Muse specifically as a personal finance tool.
How Meta’s Muse could help with your finances
Here are a few of the ways Muse can assist with personal finances:
Track spending and saving
When you connect your bank account to Muse, it can track your spending and help you set a budget. By reviewing your frequent purchases, it can recommend where to cut back and save more.
You can also set up regular check-ins on spending and savings goals and have the agent make adjustments over time.
Audit subscriptions
Muse can use your linked accounts to find all of the subscriptions you’re currently paying for and help you decide what’s worth keeping. Beyond the one-time audit, it can also keep monitoring your paid subscriptions so they don’t pile up.
The agent can even track unexpected expenses charged to your accounts, which can be useful if you forget to cancel a free trial before it turns into a paid subscription.
Negotiate bills
With access to financial accounts, Muse can analyze your bills and expenses to find any duplicate charges or errors and then resolve them for you. If there’s a provider charging less for a service you already pay for, it can let you know.
Muse can also negotiate lower bills for you. In some cases, it may be able to call your service providers and negotiate bill prices itself. Other times, it can start the process and connect you to the call to speak with a representative.
Find money you’re owed
Muse can search online databases for unclaimed property, finding any money you’re owed across different states you’ve lived in. It can file the claims for you and start the process of receiving the money — whether from old bank accounts, employers, overpaid utility bills, and more.
Find deals
Before you buy an item, Muse can search online for the best prices and recommend similar items at lower price points. It can also keep track of an item you’ve already purchased to see when prices drop. If the discount falls within your credit card’s purchase protection policy, it can help you navigate the claim.
If you choose, it can even make purchases for you.
Muse is set up to ask for approval before it authorizes any spending. For websites where your payment method is already on file, it’ll give you the purchase details and ask for approval before purchasing. If you don’t already have a stored payment, Muse can use your stored payment (using single-use card information, but not sharing your real card numbers with the merchant) to make the purchase, again with your approval.
Muse security and privacy risks
For a lot of users, privacy is a major concern when it comes to using an AI agent — including Muse — for personal finance help. Experts we’ve spoken to are also skeptical about linking sensitive financial information to third-party services.
“Right now, the technology is too new,” Eva Velasquez, CEO of the Identity Theft Recations are still unknown … It’s just not something we’re going to recommend.”
According to Meta, Muse has several built-in security protections. That includes securely storing passwords and payment methods (even from the agent itself), requiring approval for certain actions, keeping a trail of past and future actions, and more.
Still, privacy isn’t guaranteed. Meta itself admits Muse “isn’t immune to attack” and “will sometimes make mistakes.”
If you’re not willing to share your banking and credit card information yet, you can still make use of Muse for your personal finances. The process will just require more manual work on your end.
5 ways AI can help you accomplish your money-saving New Year’s resolutions
Turn your money-saving New Year’s resolutions into reality with AI tools that help you budget, cut costs, and make smarter spending choices.
ChatGPT can now see your bank account. Is it worth the risk?
ChatGPT’s new personal finance experience helps you with your financial goals. Here’s what to know about the risks before you link your bank accounts.
Mastercard CEO says AI agents could soon do your shopping
AI payments are changing the ways we’re spending. Mastercard CEO Michael Miebach spoke to Yahoo Finance’s Brian Sozzi about how the payments company is preparing for the shift.
Visa is launching an AI Financial Assistant for banking apps: What cardholders should know
Visa’s AI Financial Assistant will allow cardholders to view insights and more within their banking apps. Here’s what to know ahead of its launch.
Robinhood unveiled an agentic credit card. Should you trust AI to make purchases?
Robinhood cardholders can give AI permission to make purchases with their accounts. Here’s what to consider before you opt in.
AI is making holiday shopping easier — and overspending more likely
AI is expected to drive billions in holiday sales, but experts urge consumers to be more strategic in how they incorporate AI into their spending decisions.
