Last updated: January 2025

This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use WealthBoost AI and tells You about Your privacy rights and how the law protects You.

We use Your Personal data to provide and improve the Service. By using the Service, You agree to the collection and use of information in accordance with this Privacy Policy.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of this Privacy Policy:

Account means a unique account created for You to access our Service or parts of our Service.

Application refers to WealthBoost AI, the wealth-building mobile application provided by the Company.

Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to WealthBoost AI.

Country refers to: Romania

Device means any device that can access the Service such as a smartphone, tablet, or other mobile device.

Personal Data is any information that relates to an identified or identifiable individual.

Service refers to the Application.

Usage Data refers to data collected automatically, either generated by the use of the Service or from the Service infrastructure itself.

You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

Collecting and Using Your Personal Data

Types of Data Collected

Personal Data

While using Our Service, We may collect certain personally identifiable information that can be used to contact or identify You. This may include:

• Profile Information: Your goals, income range, occupation, skills, time availability, risk comfort level, and focus areas
• Location Data: Your country and currency preferences (for personalized content)
• Progress Data: Your daily mission completions, wealth ring progress, XP levels, streaks, and progress card selections
• Usage Data: App usage patterns, feature adoption, and interaction data
• Device identifiers: For app functionality, crash reporting, and analytics

Usage Data

Usage Data is collected automatically when using the Service and may include information such as:

• Device type and operating system version
• App version and build information
• Feature usage patterns (e.g., which missions are completed, which features are used most frequently)
• Performance metrics and crash reports
• Session duration and frequency of use
• Daily mission completion rates
• Wealth ring progress and activity tracking

How We Use Your Data

Profile Data

Your profile information is used to:

• Generate personalized daily missions tailored to your goals, skills, and time availability
• Provide relevant side hustle ideas matched to your profile
• Create monetization strategies aligned with your focus area
• Personalize AI coaching responses to your financial situation
• Calculate appropriate income ranges in your local currency

Progress and Activity Data

Your progress data is used to:

• Track your wealth rings (Income, Learning, Mindset) and calculate daily progress
• Calculate XP levels and progression
• Maintain streaks and achievement records
• Generate daily money thoughts and personalized content
• Provide insights into your wealth-building journey

AI Coach Feature

When you use the AI coach feature:

• Your questions are processed by our AI service provider to generate personalized financial advice
• Your profile information may be included in the context to provide relevant responses
• We do not store or retain your chat conversations or questions
• Chat interactions are processed in real-time and not saved to our servers

Data Storage and Backend Services

Backend Storage

We store your data on secure backend servers to:

• Maintain your profile across devices
• Cache AI-generated content (missions, daily thoughts, side hustle ideas) for performance
• Track your progress and achievements
• Provide seamless experience when reinstalling the app

Data Security: Your profile and progress data are stored in a secure PostgreSQL database. We implement industry-standard security measures including encryption in transit and at rest.

Local Storage

Some data is stored locally on your device using iOS UserDefaults:

• Selected progress card choices (money decision points, commitments, weekly reflections)
• Trial status and premium subscription status
• Daily chat count limits
• Notification preferences
• App settings and preferences

Subscription and Payment Information

If you purchase a subscription through the App Store, payment processing is handled entirely by Apple. We do not collect or store your payment information. Apple may share limited information about your subscription status with us, such as:

• Subscription status (active, expired, canceled)
• Subscription type (monthly, yearly, lifetime)
• Subscription duration and expiration dates
• Purchase date
• Anonymous transaction identifiers

Third-Party Services

AI Service Provider

We use a third-party AI service to power the AI coaching feature. When you interact with the AI coach:

• Your questions are sent to our AI service provider for processing
• Your profile information may be included to personalize responses
• We do not store or retain your chat conversations
• Chat data is processed in real-time and not saved

Important: We do not collect, store, or retain your chat conversations. All AI processing happens in real-time and your questions are not saved to our servers.

Analytics and Crash Reporting

We may use third-party services to analyze app usage and diagnose technical issues. These services may collect:

• App usage statistics and feature adoption
• Device performance data
• Crash reports and error logs
• Session analytics

This information is used solely to improve our Service and fix technical issues. No sensitive financial information is included in these reports.

Apple Services

The App integrates with Apple services including:

• App Store Connect: For subscription management and in-app purchases
• StoreKit: For subscription and purchase processing
• UserNotifications: For sending local notifications about missions, rings, and trial expiration
• Core Location: For detecting your country and currency (optional)

Use of Your Personal Data

The Company may use Personal Data for the following purposes:

• To provide and maintain our Service, including generating personalized daily missions, AI coaching, and progress tracking.
• To manage Your subscription: to manage Your subscription status and provide access to premium features.
• To provide AI coaching: to process your questions and deliver personalized financial advice.
• To track your progress: to calculate wealth rings, XP levels, streaks, and achievements.
• To personalize content: to generate daily money thoughts, side hustle ideas, and monetization strategies tailored to your profile.
• To provide technical support: to respond to Your support requests and resolve technical issues.
• To contact You: To contact You regarding important updates, security notifications, or changes to our Service.
• To improve our Service: to analyze usage patterns and improve app functionality and user experience.
• For crash reporting and bug fixes: to identify and resolve technical issues and improve app stability.
• For legal compliance: to comply with applicable laws and regulations.

Data Sharing and Disclosure

We Do Not Sell Your Data

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

Service Providers

We may share your data with trusted service providers who assist us in operating our Service:

• AI Service Provider: For processing AI chat requests in real-time (we do not store chat data)
• Hosting Providers: For storing your profile and progress data on secure servers
• Analytics Providers: For understanding app usage and improving functionality

All service providers are contractually obligated to protect your data and use it only for the purposes we specify.

Legal Requirements

We may disclose your data if required by law or in response to valid legal requests, such as court orders or government regulations.

Your Privacy Rights and Choices

You have certain rights regarding your personal data:

• Access: You can request access to the personal data we have collected about you.
• Correction: You can update your profile information directly in the app's Profile Settings, or request that we correct any inaccurate personal data.
• Deletion: You can request that we delete your personal data, subject to certain legal limitations. Note that deleting your account will remove your profile and progress data.
• Data Portability: You can request a copy of your data in a portable format.
• Withdraw Consent: You can withdraw your consent to data processing by deleting the app and requesting data deletion.

To exercise any of these rights, please contact us using the information provided in the "Contact Us" section.

Device-Level Privacy Controls

You can control many privacy aspects through your device settings:

• Notifications: Manage in iOS Settings > WealthBoost AI > Notifications
• Location Services: Manage in iOS Settings > Privacy & Security > Location Services
• Analytics: Opt out in iOS Settings > Privacy & Security > Analytics & Improvements

In-App Controls

You can manage your data directly in the app:

• Profile Settings: Update your profile information, goals, country, and currency in the Profile Settings section
• Chat Feature: The AI coach feature processes your questions in real-time and does not store your conversations
• Data Sync: Your profile and progress data sync automatically to our backend servers

Data Retention

We retain Your Personal Data only for as long as necessary for the purposes set out in this Privacy Policy:

• Profile Data: Retained as long as your account is active. You can request deletion at any time.
• Progress Data: Retained to maintain your achievements, streaks, and progress history.
• Chat Data: We do not collect or store chat conversations. All AI processing happens in real-time and is not retained.
• Usage Analytics: Typically retained for 2 years for trend analysis and service improvement.
• Crash Reports: Retained until the issue is resolved, typically 1-3 months.
• Support Communications: Retained for 2 years for quality assurance.
• Subscription Data: Retained as long as legally required for financial records.

If you delete your account, we will delete your personal data within 30 days, except where we are required to retain it for legal or regulatory purposes.

Data Security

The security of Your Personal Data is important to Us. We implement appropriate technical and organizational measures to protect your data:

• Encryption: Data transmitted to our servers is encrypted in transit using HTTPS/TLS
• Secure Storage: Your data is stored in secure databases with access controls
• Access Controls: Limited access to personal data within our organization
• Regular Security Updates: We regularly update our security measures and monitor for vulnerabilities
• Secure API Keys: API keys and credentials are stored securely and never exposed to clients

However, no method of transmission over the Internet or electronic storage is 100% secure. While we strive to use commercially acceptable means to protect Your Personal Data, we cannot guarantee its absolute security.

International Data Transfers

Your information may be transferred to and processed in countries other than your own. When we transfer data internationally, we ensure appropriate safeguards are in place:

• Adequacy decisions by relevant authorities
• Standard Contractual Clauses approved by relevant authorities
• Certification schemes and codes of conduct

Note: Your data may be processed by our AI service provider's servers, which may be located in different countries. All data processing is governed by applicable data protection laws and our service agreements.

Children's Privacy

Our Service is not intended for children under the age of 13. We do not knowingly collect personally identifiable information from anyone under the age of 13. If You are a parent or guardian and You are aware that Your child has provided Us with Personal Data, please contact Us.

If We become aware that We have collected Personal Data from anyone under the age of 13 without verification of parental consent, We take steps to remove that information from Our servers.

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
• Updating the "Last updated" date at the top of this Privacy Policy
• Sending a notification through the app for significant changes
• Email notification if we have your email address

You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.