Disclaimer

General Disclaimer

This disclaimer applies to Budgefy, an AI-powered financial assistant service operated by Financial Literacy Group LLC ("Company," "we," "us"). By using our Service, you acknowledge and agree to the limitations and disclaimers set forth below.

No Professional Financial Advice

Budgefy provides financial assistant tools, analytics, and AI-generated insights for informational and educational purposes only. Our Service is not intended to provide, and should not be construed as providing, professional financial, investment, tax, legal, or accounting advice.

• We are not a bank, broker, investment adviser, tax adviser, legal adviser, or fiduciary.
• No fiduciary relationship is created between you and the Company.
• AI outputs and recommendations are informational only and should not be considered as personalized advice.
• You are solely responsible for evaluating and acting on any recommendations or insights provided.

Third-Party Data and Services

Our Service relies on third-party data sources, including but not limited to Plaid Technologies, Inc., for financial account connectivity and data retrieval. We do not guarantee the accuracy, completeness, or timeliness of information obtained from third-party sources.

• Financial data accuracy depends on third-party institutions and data providers.
• We do not store your financial institution login credentials; we use secure tokens only.
• Third-party service availability and functionality may affect our Service.
• We are not responsible for third-party service interruptions or data inaccuracies.

AI and Machine Learning Limitations

Our AI-powered features, including categorization, insights, and recommendations, are based on algorithms and machine learning models that may not be perfect or applicable to all situations.

• AI outputs may contain errors, inaccuracies, or biases.
• Machine learning models are trained on historical data and may not predict future outcomes accurately.
• AI recommendations should be verified independently before making financial decisions.
• We continuously improve our AI models, but cannot guarantee perfect accuracy.

Data Usage and Privacy

We may use aggregated, anonymized, and de-identified data derived from user financial patterns for various purposes, including:

• Improving our AI recommendation algorithms and models
• Developing new financial management features and tools
• Creating industry trend reports and analytics (completely anonymized)
• Enhancing our debt management and budgeting capabilities
• Conducting research and development for product improvement

All insights are aggregated and anonymized, ensuring individual user privacy is maintained at all times. We do not use your identifiable financial data to train publicly available models.

Investment and Financial Risk

Any financial decisions you make based on information from our Service are entirely your responsibility. All investments and financial strategies carry risk, and past performance does not guarantee future results.

• You should consult qualified financial professionals before making significant financial decisions.
• Consider your individual financial situation, risk tolerance, and investment objectives.
• Diversification and risk management are important considerations for any financial strategy.
• We do not provide investment recommendations or endorse specific financial products.

Service Availability and Performance

While we strive to provide reliable service, we cannot guarantee uninterrupted access or perfect performance of our Service.

• Service may be temporarily unavailable due to maintenance, updates, or technical issues.
• Third-party integrations may experience outages or delays.
• Data synchronization may not be real-time in all cases.
• We reserve the right to modify or discontinue features at any time.

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, DATA, OR GOODWILL ARISING FROM YOUR USE OF THE SERVICE. OUR AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICE WILL NOT EXCEED THE GREATER OF (A) THE AMOUNTS YOU PAID US IN THE 12 MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM OR (B) US$100.

Professional Consultation Recommended

For significant financial decisions, debt management strategies, investment planning, tax planning, or legal matters, we strongly recommend consulting with qualified professionals, including:

• Certified Financial Planners (CFP)
• Licensed Investment Advisors
• Certified Public Accountants (CPA)
• Tax professionals
• Legal counsel for financial matters

Contact Information

For questions about this disclaimer or our services:
Financial Literacy Group LLC
250 West Ocean Boulevard, Long Beach, California, 90802
support@budgefy.io