8 Prompts To Catch Billing Errors And Hidden Fees

TLDR: This article provides a set of 8 prompts to use with LLMs like ChatGPT to audit your bills and financial statements, helping you identify hidden fees, price hikes, and other billing errors.

Summary: In what the author calls the "Gotcha Economy," companies often bury price increases and hidden fees in the fine print of their terms of service. This article presents a practical guide to using AI as a meticulous forensic accountant to fight back. The author shares a workflow they've developed over six months, using LLMs to audit their own finances, which has saved them over $2,000 in a year. The core of the article is a set of 8 specific prompts that you can use to have an AI analyze your bills, contracts, and financial statements. These prompts are designed to help you spot inconsistencies, identify hidden charges, and challenge unfair billing practices. This is a hands-on manual for anyone who wants to take control of their finances and stop overpaying for services.

Key takeaways:

AI can be a powerful tool for auditing your personal and business finances.
Use specific, detailed prompts to guide the AI in its analysis of your financial documents.
Pattern recognition is the key to uncovering hidden fees and billing errors.
Regularly auditing your bills with AI can lead to significant savings.

Link: 8 Prompts To Catch Billing Errors And Hidden Fees