Mortgage calculator: ChatGPT can help you calculate your monthly mortgage payment based on the loan amount, interest rate, and loan term. Example prompt: "I'm looking to buy a house for $300,000 with a 30-year mortgage at 3.5% interest. What would my monthly payment be?"
Loan repayment calculator: ChatGPT can help you calculate your monthly loan repayment based on the loan amount, interest rate, and loan term. Example prompt: "I'm thinking about getting a loan for $10,000 at an interest rate of 7% for 3 years. How much would my monthly repayment be?"
Cost of living calculator: ChatGPT can help you calculate the cost of living between two different cities based on factors such as housing, food, transportation, and taxes. Example prompt: "I'm considering moving from city A to city B, but I'm not sure if the cost of living is more or less. Can you help me compare the cost of living between the two cities?"
Community & Social Involvement (Finding Causes, Volunteering Ideas, Fundraising Options)
Tax calculator: ChatGPT can help you calculate your income tax based on your income, deductions, and tax bracket. Example prompt: "I'm trying to figure out how much I owe in taxes this year. I made $50,000 and had $5,000 in deductions. What would my tax bill be?"
Net worth calculator: ChatGPT can help you calculate your net worth by adding up all of your assets and subtracting all of your liabilities. Example prompt: "I want to know my net worth, I have $20,000 in savings, $15,000 in stocks, and a car worth $10,000. I have a student loan of $20,000 and credit card debt of $5,000. What is my net worth?"
Break-even point calculator: ChatGPT can help you calculate the point at which your revenue equals your costs and you begin to make a profit. Example prompt: "I am trying to figure out when my business will break-even
Savings interest calculator: ChatGPT can help you calculate the interest earned on your savings based on the initial deposit, interest rate, and savings term. Example prompt: "I have $5,000 in a savings account that earns 2% interest per year. How much interest will I earn in 5 years?"
Inflation calculator: ChatGPT can help you calculate the value of a dollar amount in the future based on the current inflation rate. Example prompt: "I want to know how much $1,000 will be worth in 10 years with an inflation rate of 2% per year"
Retirement savings calculator: ChatGPT can help you calculate how much you need to save for retirement based on your current age, retirement age, and desired retirement income. Example prompt: "I'm currently 35 years old and I want to retire at 65. I want to have a retirement income of $60,000 per year. How much do I need to save each month to reach this goal?"
Investment return calculator: ChatGPT can help you calculate your investment return based on the initial investment, annual return rate, and investment term. Example prompt: "I invested $10,000 at an annual return rate of 8% for 5 years. How much will my investment be worth at the end of the 5 years?"