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Privacy Policy

Last updated: January 17, 2026

1. Introduction

Balance Beacon ("we," "us," or "our") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our personal finance tracking application and services (the "Service").

Please read this Privacy Policy carefully. By using the Service, you agree to the collection and use of information in accordance with this policy.

2. Information We Collect

Account Information

When you create an account, we collect:

  • Email address
  • Display name
  • Password (stored as a secure hash, never in plain text)
  • Preferred currency

Financial Information

When you use the Service, you may provide:

  • Transaction details (amounts, descriptions, dates, categories)
  • Budget configurations and limits
  • Investment holdings and portfolio information
  • Account balances
  • Recurring transaction templates
  • Shared expense information

Usage Information

We automatically collect information about how you interact with the Service:

  • Features and pages you access
  • Session duration and frequency of use
  • Actions taken within the application

Technical Information

We collect technical information to ensure the Service works properly:

  • IP address
  • Browser type and version
  • Device type and operating system
  • Time zone setting

3. How We Use Your Information

We use the information we collect to:

  • Provide, operate, and maintain the Service
  • Process your subscription and payments
  • Send you important notifications about your account
  • Respond to your inquiries and support requests
  • Improve and personalize your experience
  • Analyze usage patterns to enhance the Service
  • Detect, prevent, and address security issues and fraud
  • Comply with legal obligations

4. Data Sharing

We do not sell your personal information to third parties. We may share your information only in the following circumstances:

Service Providers

We may share information with third-party service providers who perform services on our behalf, such as:

  • Payment processors (for subscription billing)
  • Cloud hosting providers (for data storage and processing)
  • Email service providers (for transactional emails)

These providers are bound by contractual obligations to keep your information confidential.

Legal Requirements

We may disclose your information if required by law or in response to valid requests by public authorities (e.g., court orders, government agencies).

Business Transfers

If we are involved in a merger, acquisition, or sale of assets, your information may be transferred. We will provide notice before your information becomes subject to a different privacy policy.

With Your Consent

We may share your information for other purposes with your explicit consent.

5. Data Retention

We retain your personal information for as long as your account is active or as needed to provide you with the Service. You may request deletion of your data at any time.

Upon account deletion request:

  • Your account and associated data will be deleted within 30 days
  • Some information may be retained for legal, accounting, or audit purposes
  • Anonymized, aggregated data may be retained for analytics

6. Your Rights (GDPR)

If you are a resident of the European Economic Area (EEA), you have certain data protection rights under the General Data Protection Regulation (GDPR):

Right to Access

You have the right to request copies of your personal data.

Right to Rectification

You have the right to request that we correct any information you believe is inaccurate or complete information you believe is incomplete.

Right to Erasure

You have the right to request that we erase your personal data under certain conditions.

Right to Data Portability

You have the right to request that we transfer your data to another organization or directly to you. You can export your data at any time using the export feature in the Service.

Right to Object

You have the right to object to our processing of your personal data under certain conditions.

Right to Restriction

You have the right to request that we restrict the processing of your personal data under certain conditions.

To exercise any of these rights, please contact us at privacy@balancebeacon.app. We will respond to your request within 30 days.

7. Cookies and Tracking

We use essential cookies only to ensure the Service functions properly. These cookies are necessary for:

  • Session management (keeping you logged in)
  • CSRF protection (security)
  • User preferences (such as theme settings)

We do not use advertising cookies or cross-site tracking technologies. We do not share your browsing activity with advertisers.

8. Data Security

We implement appropriate technical and organizational security measures to protect your personal information:

  • All data is encrypted in transit using TLS/SSL
  • Sensitive data is encrypted at rest
  • Passwords are stored using industry-standard hashing algorithms
  • Regular security audits and vulnerability assessments
  • Access controls and authentication requirements
  • Secure development practices

While we strive to protect your personal information, no method of transmission over the Internet or electronic storage is 100% secure. We cannot guarantee absolute security.

9. International Data Transfers

Your information may be transferred to and processed in countries other than your country of residence. These countries may have data protection laws that are different from the laws of your country.

When we transfer data internationally, we take appropriate safeguards to ensure your information remains protected in accordance with this Privacy Policy.

10. Children's Privacy

The Service is not intended for users under the age of 16. We do not knowingly collect personal information from children under 16. If you become aware that a child has provided us with personal information, please contact us. If we become aware that we have collected personal information from a child under 16 without verification of parental consent, we will take steps to remove that information.

11. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by sending an email to the address associated with your account at least 30 days before the changes become effective.

We encourage you to review this Privacy Policy periodically for any changes. Your continued use of the Service after changes to this Privacy Policy constitutes acceptance of those changes.

12. Contact Us

If you have any questions about this Privacy Policy or our data practices, please contact us:

Privacy inquiries: privacy@balancebeacon.app

General support: support@balancebeacon.app