Chapter 12: Your Finances, Simplified — Rachel Holt

In this chapter

Getting a Clear Picture of Where You Stand
Building a Budget That Reflects Reality
Understanding Financial Documents and Concepts
Preparing to Work With a Financial Professional

Tools mentioned in this chapter

ChatGPT

Financial analysis, budgeting, concept explanation

Claude

Financial document review and advisor prep

Google Sheets

Budget tracking and financial modeling

Prompts to use

Click any prompt to expand it, then copy and paste directly into your AI tool. Replace the bracketed placeholders with your specifics.

Here are my assets: [list]. Here are my liabilities: [list]. What's my net worth and what does it tell me about my financial position?

My after-tax monthly income is [amount]. Fixed expenses: [list]. Variable expenses: [describe]. I want to save [amount/percentage]. Build a budget that works and flag where I'm likely overspending.

I'm meeting a financial advisor for the first time. My situation: [brief description]. What questions should I ask, what should I bring, and what are the red flags to watch for?

Explain [financial product — e.g., Roth IRA, index fund, term life insurance] in plain language. Who is it best for? What are the main trade-offs? What should I ask before signing up?

I'm considering [purchase]. It costs [amount]. Here is my financial situation: [describe]. Walk me through how to evaluate this properly — not whether to do it, but how to think about it.

Can't find the right prompt?

Ask your AI tool to write one for you:

"I need to [describe your goal in one sentence]. Write me a clear, specific prompt I can use to get the best possible result from an AI assistant."

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Video tutorials

Curated videos to go deeper on the topics in this chapter.

Get the book

Productivity for Women

By Rachel Holt — Available in Kindle and paperback

Kindle — $9.99 Paperback — $17.99

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