Should you trust AI with your finances? An expert shares key do's and don'ts

Nbcwashington · 🇺🇸 public United States · May 28, 2026 · 881 words · By Ted Jenkin; TODAY

AI Financial Literacy Data privacy Professional Financial Advice

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What to know about AI Financial Literacy

For this edition of On the Money, sponsored by Credit Karma, money expert, certified financial planner and president of Exit Wealth Advisors Ted Jenkin stopped by TODAY to share tips on how to use (and not use) AI for your finances.

Claims checked 4

Techniques found 2

Topics 3

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center88%

Right12%

8 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Why it matters

Artificial Intelligence (AI) is everywhere right now.

Common ground

People are using it for everything from planning trips, to writing emails, to seeking health advice.

Perspective signals

The tension in the story is sharpened by Loaded Language, Appeal to Fear: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

Follow-up questions

What new context would change how readers understand this AI Financial Literacy story?
What evidence would most clearly confirm or weaken the claim that 66% of those surveyed by our sponsor Credit Karma say they use it specifically to seek out financial advice?
How does this story connect AI Financial Literacy with Data privacy over the next few days?

open_in_new Read the original article: https://www.nbcwashington.com/news/national-international/artificial-intelligenc…

psychologyPropaganda Techniques Detected

eFinder identified 2 propaganda techniques in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning

Loaded Language 80% confidence

Using words with strong emotional connotations to influence an audience.

Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.

Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

warning

Appeal to Fear 70% confidence

Building support by instilling anxiety or panic in the audience.

Why it matters: Recognizing appeal to fear helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 4 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 2

report Misleading 1

info Single Source 1

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Claim 1: “66% of those surveyed by our sponsor Credit Karma say they use it specifically to seek out financial advice.”

CORROBORATED

Three independent web search results explicitly confirm that a survey conducted by Intuit Credit Karma found that 66% of respondents who use generative AI do so to seek financial advice.

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wikipedia NEUTRAL — An AI boom is a period of rapid growth in the field of artificial intelligence. The most recent boom happened in the early 2020s before seeing increased acceleration and media coverage. Examples of th…
https://en.wikipedia.org/wiki/AI_boom

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wikipedia NEUTRAL — Felicis is a venture capital firm that invests in start-up technology companies. It was founded in 2006 by Aydin Senkut. The company has offices in Menlo Park, California, San Francisco, California an…
https://en.wikipedia.org/wiki/Felicis

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wikipedia NEUTRAL — Many films have featured mid- and post-credits scenes. Such scenes often include comedic gags, plot revelations, outtakes, or hints about sequels.
https://en.wikipedia.org/wiki/List_of_films_with_post-credit…

+ 3 more evidence sources

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Claim 2: “According to a recent MIT study, nearly half of respondents have turned to AI for financial advice or information.”

CORROBORATED

A web search result specifically mentions that 'Around half of our respondents (48%) report having used an AI tool for financial advice or information', which aligns with the 'nearly half' claim. Another source mentions 55% of Americans using AI for financial advice.

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wikipedia NEUTRAL — The AI Memos are a series of influential memorandums and technical reports published by the MIT Computer Science and Artificial Intelligence Laboratory (MIT AI Lab), Massachusetts Institute of Technol…
https://en.wikipedia.org/wiki/AI_Memo

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wikipedia NEUTRAL — Computer Science and Artificial Intelligence Laboratory (CSAIL) is a research institute at the Massachusetts Institute of Technology (MIT) formed by the 2003 merger of the Laboratory for Computer Scie…
https://en.wikipedia.org/wiki/MIT_Computer_Science_and_Artif…

+ 3 more evidence sources

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Claim 3: “Ted Jenkin is a money expert, certified financial planner and president of Exit Wealth Advisors”

MISLEADING

The claim identifies him as president of 'Exit Wealth Advisors'. However, multiple sources (Muck Rack, National TV Expert profile) state he is the President of 'Exit Stage Left Advisors' and a Partner at 'Exit Wealth Advisors'. While he is a Certified Financial Planner, the specific title of President is associated with 'Exit Stage Left Advisors'.

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wikipedia NEUTRAL — There has been significant academic and political debate about whether Donald Trump, the 45th and 47th president of the United States, can be considered a fascist according to consensus definitions of…
https://en.wikipedia.org/wiki/Donald_Trump_and_fascism

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wikipedia NEUTRAL — Peter Andreas Thiel ( ; born 11 October 1967) is a German-American entrepreneur, venture capitalist, and conservative political activist. A co-founder of PayPal (1998), Palantir Technologies (2003), a…
https://en.wikipedia.org/wiki/Peter_Thiel

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wikipedia NEUTRAL — Ted Jenkin is an American businessman and author. He is a co-founder and current chief executive officer of oXYGen Financial. He is also a co-host of podcast, The Shrimp Tank.
https://en.wikipedia.org/wiki/Ted_Jenkin

+ 3 more evidence sources

info

Claim 4: “AI isn’t even regulated.”

SINGLE SOURCE

The provided evidence for this claim consists of dictionary definitions of the word 'artificial' and a movie description; there is no evidence provided regarding the regulatory status of AI as a financial advisor.

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web search NEUTRAL — Artificial When something is artificial, or man-made, it has been made by humans, not nature. For example, an artificial satellite is one made by humans, while a natural satellite is a satellite that …
https://simple.wikipedia.org/wiki/Artificial

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web search NEUTRAL — Artificial is an upcoming biographical comedy drama film directed and co-produced by Luca Guadagnino and written by Simon Rich. The film stars Andrew Garfield as OpenAI CEO Sam Altman and centers on h…
https://en.wikipedia.org/wiki/Artificial_(upcoming_film)

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web search NEUTRAL — 6 days ago · The meaning of ARTIFICIAL is made, produced, or done by humans especially to seem like something natural : man-made. How to use artificial in a sentence.
https://www.merriam-webster.com/dictionary/artificial

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.