Privacy Policy

1. Introduction

BudgetBetter ("we," "our," or "us") respects your privacy and is committed to protecting your personal and financial information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our financial management platform.

2. Information We Collect

2.1 Personal Information

We collect information you provide directly to us, including:

• Name, email address, and contact information
• Account credentials and authentication data
• Profile information and preferences
• Communication records and support requests

2.2 Financial Information

To provide our services, we collect and process:

• Income and expense data you input
• Budget categories and financial goals
• Transaction records and descriptions
• Bank account information (if you choose to connect accounts)
• Family group financial data (when you join or create groups)

2.3 Technical Information

We automatically collect certain technical data:

• IP address and device information
• Browser type and operating system
• Usage patterns and feature interactions
• Log files and error reports
• Cookies and similar tracking technologies

3. How We Use Your Information

We use collected information to:

• Provide and maintain our financial management services
• Process transactions and manage your account
• Generate financial reports and analytics
• Send notifications about your account and financial activities
• Provide customer support and respond to inquiries
• Improve our services and develop new features
• Ensure platform security and prevent fraud
• Comply with legal obligations and regulatory requirements

4. Family Groups and Data Sharing

4.1 Within Family Groups

When you join a family group, certain financial information is shared with other group members:

• Income and expense summaries
• Budget category spending
• Financial goals and progress
• Transaction categories (not detailed descriptions)

4.2 Family Group Administration

Family group administrators have additional access to:

• Aggregated financial data of all group members
• Group-wide spending patterns and trends
• Member management capabilities
• Group budget and goal setting permissions

5. Information Sharing and Disclosure

5.1 We Do Not Sell Your Data

We do not sell, rent, or trade your personal or financial information to third parties for marketing purposes.

5.2 Limited Sharing

We may share your information only in the following circumstances:

• With Your Consent: When you explicitly authorize sharing
• Service Providers: With trusted vendors who assist in operating our platform
• Legal Requirements: When required by law, court order, or government regulation
• Business Transfers: In connection with mergers, acquisitions, or asset sales
• Safety and Security: To protect rights, property, or safety of users

5.3 Third-Party Integrations

If you choose to connect third-party financial services, we may share necessary data to provide integrated functionality. Such sharing is governed by the respective third-party privacy policies.

6. Data Security

6.1 Security Measures

We implement comprehensive security measures to protect your information:

• Encryption of data in transit and at rest
• Multi-factor authentication options
• Regular security audits and assessments
• Secure data centers and infrastructure
• Employee access controls and training

6.2 Your Security Responsibilities

You can help protect your account by:

• Using strong, unique passwords
• Enabling two-factor authentication
• Keeping your contact information updated
• Reporting suspicious activities immediately
• Logging out of shared devices

7. Data Retention

We retain your information for as long as necessary to:

• Provide our services and maintain your account
• Comply with legal and regulatory requirements
• Resolve disputes and enforce agreements
• Improve our services and prevent fraud

When you delete your account, we will securely delete or anonymize your personal information within 30 days, except as required by law.

8. Your Privacy Rights

8.1 Access and Control

You have the right to:

• Access and review your personal information
• Update or correct inaccurate data
• Delete your account and associated data
• Export your financial data in a portable format
• Opt-out of non-essential communications

8.2 Regional Privacy Rights

Depending on your location, you may have additional privacy rights under applicable laws such as GDPR, CCPA, or similar regulations. Contact us to exercise these rights.

9. Cookies and Tracking Technologies

9.1 Cookie Usage

We use cookies and similar technologies for:

• Authentication and session management
• Remembering your preferences and settings
• Analyzing usage patterns and improving functionality
• Providing personalized features and content

9.2 Cookie Control

You can manage cookie preferences through your browser settings. However, disabling certain cookies may limit platform functionality.

10. International Data Transfers

Your information may be processed and stored in countries other than your residence. We ensure appropriate safeguards are in place for international data transfers, including standard contractual clauses and adequacy decisions where applicable.

11. Children's Privacy

BudgetBetter is not intended for children under 13 years of age. We do not knowingly collect personal information from children under 13. If we become aware of such collection, we will take steps to delete the information promptly.

12. Changes to This Privacy Policy

We may update this Privacy Policy periodically to reflect changes in our practices or legal requirements. We will notify you of material changes via email or through the platform. Your continued use of our services after such notification constitutes acceptance of the updated policy.

13. Contact Us

If you have questions about this Privacy Policy or our privacy practices, please contact us through the support channels provided in the application. We will respond to your inquiry promptly and work to address any concerns.