Privacy Policy

Last Updated: April 11, 2025

Introduction

Welcome to SavePals ("we," "our," or "us"). SavePals is a financial literacy app designed to help users learn about the impact of their spending habits over time. By inputting spending amounts, frequency, and interest rates, users can visualize how their spending decisions can grow or change in the future. The app aims to educate users on financial planning and encourage mindful spending by providing insights into potential savings and investments.

Information We Collect

SavePals is designed with privacy as a priority. We intentionally limit data collection to only what is necessary for the app's educational purpose:

User-Provided Information: When using SavePals, users manually enter:
- Category selections for spending calculations
- Spending amount input for calculations
- Frequency selections (daily, weekly, monthly, yearly)
- Interest rate and time period inputs
Usage Data: We collect non-personally identifiable information about:
- Basic anonymous usage statistics to help us improve the app
- App performance metrics
Device Information: We automatically collect:
- Device type and iOS version
- App version and crash reports

We do NOT collect:

Names, email addresses, or contact information
Precise geolocation
Photos, videos, or audio
Information from the device's clipboard
Data from other apps
Browsing history
User IDs or account information

How We Use Information

The information we collect is used solely for:

Providing and improving SavePals' functionality
Developing new features based on anonymous usage patterns
Fixing bugs and enhancing app performance
Ensuring the app functions properly on your device

All data processing occurs locally on the user's device. We do not use the information for behavioral advertising or marketing purposes.

Information Sharing

We do not sell, rent, or share any user information with third parties. However, we may share anonymized, aggregated statistics about app usage with:

Educational institutions researching financial literacy (without personally identifiable information)
Our development team for app improvement purposes

If we are required by law or legal process to disclose information, we will notify parents/guardians as appropriate.

Children's Privacy (COPPA Compliance)

SavePals is designed to help children learn financial literacy, and we take children's privacy extremely seriously:

We do not collect personal information from children under 13 without verifiable parental consent
We collect only minimal information as described above
We do not enable features that would allow children to publicly share personal information
We do not include behavioral advertising within the app
All contextual advertisements (if any) are age-appropriate and reviewed for child safety

Data Security

We implement appropriate technical and organizational measures to protect the information collected through SavePals:

All data is stored locally on the device and is not transmitted to external servers
No data is sent or shared outside the app

Changes to Privacy Policy

We may update this Privacy Policy from time to time. When we make changes, we will update the "Last Updated" date at the top of this policy and notify users through the app or by other means as required by law. Your continued use of SavePals after any changes indicates your acceptance of the updated Privacy Policy.