Privacy Policy

Last updated: 2024-08-01

Welcome to TimeValue ("we," "our," "us"). Your privacy is critically important to us. This Privacy Policy outlines how we collect, use, protect, and handle your personal information when you use our application.

1. Information We Collect

We collect information that is essential to provide and improve our services. This includes:

  • Account Information: When you create an account, we collect your email address. We use Firebase Authentication for secure login, and we do not store your password.
  • Budget and Financial Data: To provide the core functionality of our app, we collect the financial data you input, such as your income, pay rate, expense categories, and amounts. This data is linked to your user account.
  • AI Interaction Data: For our AI-powered features (like budget analysis and spending tips), we send relevant, anonymized financial data to the generative AI model to generate insights. We do not include your email or any other directly identifiable information in these AI requests.
  • Payment Information: When you subscribe to TimeValue Pro, our payment processor, Stripe, collects your payment information. We do not store your full credit card details on our servers.

2. How We Use Your Information

We use the information we collect for the following purposes:

  • To Provide and Maintain the Service: To manage your account, store your budget data, and allow you to access your information across devices.
  • To Process Subscriptions: To manage your TimeValue Pro subscription and handle billing.
  • To Power AI Features: To provide personalized financial analysis, reports, and tips.
  • To Improve Our Service: We may analyze usage patterns (without identifying individuals) to understand what features are most useful and to improve the user experience.
  • To Communicate With You: We may use your email address to send you important information about your account or our service, such as updates to our policies. You may also opt-in to receive periodic notifications, like weekly expense reminders.

3. Data Storage and Security

We take the security of your data seriously.

  • Your data is stored securely in Firebase's Firestore database, a product of Google, which employs robust, industry-standard security measures to protect data.
  • All data transmission between your device and our servers is encrypted using Transport Layer Security (TLS).
  • While we implement strong security practices, please be aware that no method of electronic storage is 100% secure. We cannot guarantee absolute security, but we are committed to protecting your information to the best of our ability.

4. Data Sharing and Third Parties

We do not sell, trade, or rent your personally identifiable information to others. We may share data under the following limited circumstances:

  • With Payment Processors: We share transaction information with Stripe to process your subscription payments.
  • With AI Service Providers: As mentioned, we use Google's generative AI models. We send the necessary financial data for analysis but do not include personal identifiers.
  • For Legal Compliance: We may disclose your information if required to do so by law or in response to valid requests by public authorities (e.g., a court or a government agency).

5. Your Rights and Data Control

You have control over your personal data:

  • Access and Correction: You can access and update your budget data at any time through the application's interface.
  • Data Deletion: You have the right to delete your account and all associated data. This can be done from the "Account" page within the application. Deletion is permanent and irreversible.

6. Children's Privacy

While our app is suitable for teens learning about money, we do not knowingly collect personally identifiable information from children under the age of 13. If you are a parent or guardian and you are aware that your child has provided us with personal information without your consent, please contact us. If we become aware that we have collected personal information from a child under 13 without verification of parental consent, we will take steps to remove that information from our servers.

7. Changes to This Privacy 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. You are advised to review this Privacy Policy periodically for any changes.

8. Contact Us

If you have any questions about this Privacy Policy, please contact us through our form.