Privacy Policy

Last Updated: January 2025

1. Introduction

Welcome to BudgetApp. We respect your privacy and are committed to protecting your personal data. This privacy policy will inform you about how we look after your personal data when you visit our website or use our mobile application, and tell you about your privacy rights and how the law protects you.

2. Information We Collect

2.1 Personal Information

We collect the following types of personal information:

  • Name and email address
  • Account credentials (encrypted passwords)
  • Profile information (optional)
  • Payment information (processed securely by third-party payment processors)

2.2 Financial Data

When you use our budgeting features, we collect:

  • Budget information and spending categories
  • Expense and income records
  • Financial goals and targets
  • Transaction descriptions and amounts

2.3 Usage Data

  • Device information (type, operating system, unique device identifiers)
  • IP address and location data
  • App usage patterns and feature interactions
  • Crash reports and performance data

3. How We Use Your Information

We use your information to:

  • Provide, maintain, and improve our budgeting services
  • Process your transactions and send you related information
  • Send you technical notices, updates, and security alerts
  • Respond to your comments, questions, and provide customer support
  • Monitor and analyze usage patterns and trends
  • Detect, prevent, and address technical issues and fraudulent activity
  • Personalize your experience and provide relevant features
  • Send you marketing communications (with your consent)

4. Data Security

We implement industry-standard security measures to protect your personal information:

  • End-to-end encryption for sensitive financial data
  • Secure HTTPS connections for all data transmission
  • Regular security audits and vulnerability assessments
  • Encrypted storage of passwords using bcrypt or similar algorithms
  • Limited employee access to personal data on a need-to-know basis
  • Regular backups with encrypted storage

5. Data Sharing and Disclosure

We may share your information in the following circumstances:

  • With household members: Budget and expense data shared within household groups you create
  • Service providers: Third-party vendors who perform services on our behalf (hosting, analytics, payment processing)
  • Legal requirements: When required by law, court order, or governmental authority
  • Business transfers: In connection with a merger, acquisition, or sale of assets
  • With your consent: When you explicitly authorize us to share your information

We do not: Sell your personal information to third parties or use your financial data for advertising purposes without your explicit consent.

6. Your Privacy Rights

Depending on your location, you may have the following rights:

  • Access: Request a copy of your personal data
  • Correction: Request correction of inaccurate or incomplete data
  • Deletion: Request deletion of your personal data
  • Portability: Request transfer of your data to another service
  • Objection: Object to processing of your personal data
  • Restriction: Request restriction of processing your data
  • Withdraw consent: Withdraw consent for data processing at any time

To exercise these rights, please contact us at privacy@budgetapp.com

7. Data Retention

We retain your personal information for as long as necessary to provide our services and comply with legal obligations. When you delete your account, we will delete or anonymize your personal data within 30 days, except where we are required to retain it for legal, tax, or regulatory purposes.

8. Children's Privacy

Our service is not intended for children under 13 years of age. We do not knowingly collect personal information from children under 13. If you are a parent or guardian and believe your child has provided us with personal information, please contact us immediately.

9. International Data Transfers

Your information may be transferred to and processed in countries other than your country of residence. We ensure appropriate safeguards are in place to protect your data in compliance with applicable data protection laws, including the use of standard contractual clauses approved by the European Commission.

10. Cookies and Tracking

We use cookies and similar tracking technologies to track activity on our service and hold certain information. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent.

For more information, see our Cookie Policy.

11. Changes to This Policy

We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last Updated" date. We will also notify you via email or a prominent notice within the app for significant changes.

12. Contact Us

If you have any questions about this Privacy Policy, please contact us:

  • Email: privacy@budgetapp.com
  • Support: support@budgetapp.com
  • Website: www.budgetapp.com/contact