Information We Collect

When you interact with BrainyMentra, we collect various types of information to provide you with personalized budget preparation services and improve your financial planning experience.

We only collect information that's necessary to deliver our budget preparation services effectively. You can control much of what information you share with us through your account settings.

How We Use Your Information

Your information helps us create a more personalized and effective budget planning experience. Here's how we put your data to work:

We use your financial information to generate customized budget recommendations, track your spending patterns, and provide insights that help you achieve your financial goals. This includes analyzing your income and expenses to suggest realistic budget allocations and identify potential savings opportunities.

Your contact information allows us to send you important account updates, respond to your questions, and occasionally share educational content about budget management that might interest you. We never use your information for unsolicited marketing purposes.

Usage data helps us understand which features are most valuable to our users, allowing us to continuously improve our platform and develop new tools that better serve your budgeting needs. This data is always analyzed in aggregate form to protect your individual privacy.

Your Privacy Rights

Under South Korean data protection laws and our commitment to transparency, you have several important rights regarding your personal information:

To exercise any of these rights, simply contact us using the information provided at the bottom of this policy. We'll respond to your request within 30 days and guide you through the process.

Data Security Measures

Protecting your financial information is our top priority. We've implemented comprehensive security measures that meet international standards for financial data protection.

While we maintain industry-leading security practices, we also encourage you to protect your account by using strong passwords, enabling two-factor authentication, and logging out of shared devices.

Data Sharing and Third Parties

We believe in keeping your data private and only share information when it's necessary to provide our services or required by law. Here's our complete approach to data sharing:

We work with carefully vetted service providers who help us operate our platform, including cloud hosting services, payment processors, and customer support tools. These partners are contractually bound to protect your information and can only use it for the specific services they provide to us.

We may integrate with banks and financial institutions to import your transaction data, but only with your explicit permission and using secure, encrypted connections. This data never passes through our servers unnecessarily and is processed according to banking industry security standards.

In rare cases, we might need to share information to comply with legal requirements, protect our users' safety, or defend our legal rights. We'll always notify you of such requests unless prohibited by law, and we carefully review every request to ensure it's legitimate and necessary.

We never sell your personal information to advertisers or marketing companies. Your financial data is not a product — it's private information that you've entrusted to us for a specific purpose.

Data Retention Periods

We retain your information only as long as necessary to provide our services and meet legal requirements. Here's how long we keep different types of data:

When retention periods expire, we securely delete your information using industry-standard data destruction methods. If you delete your account, we'll remove your personal data within 90 days, though some information may be retained longer if required by law.

International Data Transfers

As a South Korean company, we primarily store and process your data within South Korea using local data centers that comply with Korean data protection laws. However, some of our trusted service providers may process data in other countries to support our global infrastructure.

When we transfer data internationally, we ensure adequate protection through standard contractual clauses, adequacy decisions, or other approved transfer mechanisms. We only work with providers in countries that have strong data protection frameworks or who commit to equivalent protection standards.

You have the right to know about these transfers and request information about the safeguards we use. If you have concerns about international processing, you can contact us to discuss your options, which may include limiting certain features that require international data processing.

Cookies and Tracking Technologies

We use cookies and similar technologies to enhance your experience on our platform, remember your preferences, and analyze how our service is used. Most of these technologies are essential for providing you with personalized budget management tools.

Essential cookies keep you logged in, remember your dashboard settings, and ensure security features work properly. We also use analytics cookies to understand which features are most helpful to our users, allowing us to improve the platform over time.

You can control cookie settings through your browser, though disabling certain cookies may limit some functionality. We don't use cookies for advertising purposes or share cookie data with third-party advertisers.

Children's Privacy

BrainyMentra is designed for adults who are managing their personal finances. We don't knowingly collect personal information from children under 14 years of age. If a parent or guardian discovers that their child has provided us with personal information, we encourage them to contact us immediately.

If we become aware that we've collected personal information from a child under 14 without proper parental consent, we'll take steps to remove that information from our systems as quickly as possible.

Changes to This Policy

We may update this privacy policy from time to time to reflect changes in our practices, legal requirements, or service features. When we make significant changes, we'll notify you through your account email and prominently display the changes on our platform.

Minor updates, such as clarifications or contact information changes, will be posted here with an updated "Last Modified" date. We encourage you to review this policy periodically to stay informed about how we protect your privacy.

Continued use of our services after policy changes indicates your acceptance of the updated terms. If you disagree with significant changes, you can delete your account and discontinue using our services.