Perplexity's New AI Finance Tool Changes Everything

Perplexy's new AI finance tool just changed everything about how you manage your money. So yesterday, Perplexy announced their full integration with Plaid. And if you don't know what Plaid is, it's the company that connects apps to your bank. They work with over 12,000 financial institutions, Chase, Fidelity, Schwab, Robinhood, Vanguard, pretty much every bank and brokerage you can think of.

So now inside Perplexy, you can link your bank accounts, your credit cards, your loans, your investments, all of it. And then you can talk to it. You ask questions. You get it to build stuff in plain English.

And that's what just happened, right? And I think a lot of people are sleeping on how big this actually is. So let me show you why. The average person right now uses about three different financial apps just to see where the money actually is.

You've got one app for your bank, another one for your investments, maybe a third one for budgeting, and none of them actually talk to each other. So you're logging in and out of all these different platforms just to get a basic picture of your finances. Perplexy just destroyed that entire workflow because now you connect everything in one place. And instead of looking at some pre-built dashboard that some product team designed five years ago, you just ask Perplexy whatever you want to know, right?

So for example, how much should I spend on food last month? Done. Or what's, for example, what is my total net worth across all my accounts? Done, right?

Show me where my money is going every week and flag any week where my checking account drops below X amount of dollars, right? It'll do that too. And here's where it gets interesting. This isn't a chatbot answering questions about your bank balance.

Perplexy computer, their AI, can actually build you custom tools. We're talking spreadsheets, interactive dashboards, budget trackers, debt payoff planners, retirement calculators, all built on your real data, right? Your actual transactions, your actual balances. So think about what that means for a second.

You used to need a financial advisor or an accountant or at minimum hours of your own time in a spreadsheet, right? To get this kind of thing done. Now you can type one sentence and Perplexy actually builds it for you and it keeps running in the background. So once it builds you a cashflow forecast of a net worth dashboard, for example, it updates automatically.

You don't have to keep asking. Now I want to talk to you about what you can actually do with this because the examples Perplexy showed are worth walking you through. First one, net worth calculator. So you connect your checking account, your brokerage and student loans, and then you say, build me a net worth dashboard that updates daily.

And it does, one sentence. That used to take an afternoon in Google sheets. Now I would just say right here, don't connect anything you're not comfortable with, right? And if you're not comfortable adding stuff like this, don't do it.

But if you are, if you just want to see what's possible, you could try test it out. You could even test it with a test account and just see how it goes. But it's very interesting. You can actually do it.

Just the thought alone, the idea alone is very interesting. So number two, custom budget trackers. You could say using my transactions, build me a monthly budget tracker with categories for rent, groceries, dining, and entertainment. And Perplexy goes through your actual transaction history, sorts everything into categories, and gives you a visual breakdown.

And third is debt payoff planner, right? So you connect your credit cards and loans and say, build me a debt payoff plan using my balances, interest rates, and minimum payments. And it will map out exactly how to pay things off faster, which card to hit first, how much extra to put where, all based on real numbers from you, right? Fourth is a retirement dashboard.

So you can connect your 401k and brokerage, tell it your age and how much you contribute each month and ask, am I on track to retire? And it builds you a full retirement dashboard showing you whether you'll hit your goal per month or not, right? And fifth is cashflow forecast. So you can say, using my income, bills, transaction history, et cetera, create a cashflow forecast and flag any weeks where I'm going to be short.

And it maps your money forward in time so you can see problems before they actually happen. Every single one of those is just a one sentence prompt built on your actual financial data, updated automatically. Now, if you want to go deeper on how to use AI tools like this to save time and actually grow your business, we've got a full 30 day roadmap inside the AI Profit Boarding built specifically around using the AI agents to automate stuff that used to eat your whole day. We've got four coaching calls every week where you can ask questions live about how to set this kind of thing up.

The 2,800 members in there right now, a lot of them using FlexSeat and AI agents for client work, lead generation, saving time, et cetera, and a prompt library with ready-made prompts for all sorts of workflows just like this. Link in the comments description or go to the AIProfitBoarding.com to get access. So let's talk about security too, because I know that's probably the first thing on your mind. You're going to say something like, you want me to connect my bank account to an AI?

And that's a fair question. I just think it's a very interesting idea, but here's what Perplexeat and PlayIt have actually set up. So the integration is read only, right? That means Perplexeat can see your transactions and balances, but it can't move money, make transfers, or do anything with your accounts.

It can only look, and your data never touches Perplexeat servers. So PlayIt handles the connection directly. PlayIt has been doing this for years. They're the same company that powers the bank connections inside Venmo, Coinbase, and Betterment, and hundreds of other apps you probably already use.

So this technology isn't new. It's a trusted system that millions of people already rely on. And here's something I want you to think about. This is the first time an AI company has done this at this level, right?

There are budgeting apps like Mint, which shut down by the way, or YNAB or Copilot, and those are fine, but they all give you a fixed dashboard. Someone else decided what you can see and how you can see it. Perplexeat flipped that, because with Perplexeat computer, you're not limited to whatever features the product team builds. You can ask for anything.

If you want a chart that shows your spending on subscriptions over the last six months compared to your income growth, you just ask it. Nobody has to build that feature, right? The AI builds it on the spot, and it pulls from real-time financial data too. So for example, Faxit, NASDAQ, S&P Global, SEC filings, Coinbase, for all sorts of stuff, right?

So when you're looking at everything, the numbers it's using aren't stale. They're current, and you can hand over any number Perplexeat gives you and see exactly where it came from, which source, which filing, which data feed. That's a level of transparency that most financial apps will never give you. Now, who's this for right now, and who is it available for?

So this is available today on desktop for all signed in users in the U.S. and Canada. Mobile is coming later. Other countries are coming later.

So if you're outside the U.S. or outside Canada, you'll have to wait. If you're on the free plan, you can link your portfolio, see basic features on the portfolio page, and ask Perplexeat questions about your money. But the heavy stuff, the custom dashboards, the automated tools, the computer powered analysis, that's for pro and max subscribers.

And Perplexeat said they're planning to add other wallets too, and real estate to the system next. So eventually you'll be able to see your property value, your holdings, your bank accounts, your investments, your debts, everything in one place, in one AI powered view. Let me tell you what I think matters most about this. We're watching AI move from answer my questions to manage my life.

That's a shift. A year ago, Perplexeat was a search engine, a really good search engine, but still, you know, you asked it stuff and it just answered. That was it. Now it connects to your bank records, it reads your transactions, it builds your financial tools, and it monitors money in the background whilst you do other things.

And this is just finance. Perplexeat already added a new control for controlling your desktop, already browses the web view, already does research and builds things. Adding finance to that is a massive step, because money is one of those areas where people waste a lot of time doing manual work they don't need to be doing. So how many hours, for example, have we all spent at spreadsheets trying to figure out our budgets, or what's going on, or logging into four different apps to check balances, right?

Or wondering if you're on track for retirement, but never actually doing the maths, right? One sentence and the AI actually does it. And I think this is going to change people's relationship with their money, because the biggest problem most people have with finance isn't that they don't care, it's that the tools are so annoying to use, right? They're confusing, they take too long, even just logging in across multiple apps can be super annoying, so people just don't do it.

But when you can say, hey, am I spending too much on eternal and get an actual answer based on your actual bank transactions in five seconds, that changes behavior. That's a different relationship with your money. Now I want to zoom out for a second as well, because this played integration tells us something about where Perplexeat is heading as a company. They're not just a search engine anymore, they're building a personal AI hub.

The computer agent was step, sorry, the search was step one, the computer agent was step two, finance is step three, and every step makes the product stickier. Because once your bank accounts are connected, once your dashboards are running, once you're relying on Perplexeat to track your cashflow, you're not switching to chat GPT for that, right? You've kind of locked in at this point. And I think that's the strategy.

Perplexeat knows they can't beat open AI or Google and raw model power alone, right? These companies have way more finances than they do, way more resources. So they're building integrations instead, real world connections, your browser, your desktop, your bank, your portfolio. They're making the AI useful in ways that go way beyond just answering questions.

And honestly, it's probably working, right? Because major investment firms already use Perplexeat. Retail traders actually use it as well. Six of the magnificent seven tech companies use it for financial work.

And over 75% of Perplexeat users already go there monthly to ask financial questions even before this integration. So the demand was already there. Now they've just built the infrastructure to help people who already wanted it. Now let's talk about what you should do right now.

If you're in the U.S. or Canada, check out Perplexeat Desktop. It's super interesting. You don't have to connect to Playdor or anything like that, but I think it's just interesting to see how Perplexeat computer works and what's possible and that sort of thing.

You could test out the dashboards if you want to. You could ask it a few questions, you know, budget tracker, retirement calculator, that sort of thing. Or just start with whatever feels most useful, most comfortable to you right now. If you're running a business, think about what this means for you, right?

Because you could connect your business bank account, for example, and say, show me my revenue and expenses by month for the last quarter, right? Or flag any subscription I'm paying for that I haven't actually used in 90 days. That's instant visibility that used to require a bookkeeper. And even then, we all know bookkeepers can be a bit slow when they're doing this stuff, right?

But the point is, don't just read about this and move on. Actually check it out, right? Because the people who start using AI right now, they're going to have a massive advantage over people who keep doing everything manually. And if you want help setting up AI tools like this for your business, you know, for example, lead generation, content creation, client work, all of it, the AR Profitable Environment is where we go really deep on this stuff, right?

We've got tutorials specifically on Perplexeat computer and how to use AI agents to automate the work that eats up your day. You've got four weekly live coaching calls where we go deep on this stuff and daily step-by-step tutorials. And there's 2800 business owners in there right now sharing what's working for them. Plus, you get a prompt library loaded with all sorts of business prompts you can copy and use today.

And a member map so you can connect and find people near you who are building with AI too, because there's always someone online to help, right? Link in the comments description or go to thearprofitable.com to get access. Perplexeat just turned itself into the most flexible financial tool on the internet. No fixed dashboards, no pre-built features you're stuck with.

You just tell it what you want to know and it goes off and builds it. That's a new category and it just went live. Check it out. Thanks for watching.