Cognito Money

Cognito Money is an AI-powered personal finance management tool that emphasizes security and privacy. It enables users to understand their spending habits and get insights into their financial health right on their device, without sending their data to the cloud. Usage options include a free tier, with affordable plans for upgrade. Cognito Money also offers local storage of financial data, keeping users away from the risks and privacy concerns associated with cloud storage and potential data mining.The software has an AI-powered chat feature that can answer financial queries in plain English. Users can ask questions like 'How much did I spend on groceries?' and receive instant intelligent responses, without the need for manual reports. Cognito Money offers multi-device access, only requiring an initial installation on a Windows PC. Users can then access the application from any device on their home network, like an iPhone, iPad, Mac, or Android device.Another key feature is its smart import and automatic categorization of bank statements, with AI learning user spending patterns. Additionally, it provides a receipt scanning feature, allowing users to track what they bought by scanning receipts which intelligent AI features extract itemized data from. User advocacy for Cognito Money focuses on features such as its natural language processing, offline accessibility, its privacy-first approach, and its AI-chatbot insights.