Free Financial Compass

Your comprehensive toolkit for budgeting, loan calculations, debt management, net worth tracking, and savings projections.

Privacy Policy

1. Introduction

Welcome to Free Financial Compass. We are committed to protecting your privacy. This Privacy Policy explains how we handle information when you visit and use our website and its financial calculators, accessible at https://www.freefinancialcompass.com/.

A core principle of our service is privacy by design. We do not have a database, and we do not collect, store, or transmit any of your personal or financial data on our servers. All calculations are performed within your browser, and any data you save is stored exclusively on your own local device.

2. Information We Handle

We handle two types of information: data you enter into the calculators (which is stored locally on your device) and anonymous usage data for analytics.

a) Financial and Personal Data (Stored Locally in Your Browser)

When you use our financial tools (Budget, Savings, Debt Payoff, Mortgage, Net Worth), you may enter personal financial information. This can include:

  • Income and expense details.
  • Debt balances, interest rates, and payments.
  • Loan amounts and terms.
  • Details of your assets and liabilities.
  • Savings goals, contributions, and interest rates.

This data is handled as follows:

  • Local Storage Only: To provide the "Save" and "Load" features, this data is saved directly in your web browser's localStorage. This data never leaves your computer and is not sent to our servers or any third party.
  • User Control: You have full control over this data. You can clear it at any time by using the "Reset" button in each calculator or by clearing your browser's cache and local storage.

b) Anonymous Usage Data (Analytics)

With your explicit consent, we use Google Analytics to collect anonymous information about how visitors use our website. The consent is managed via the cookie banner displayed on your first visit. This data helps us understand user engagement and improve our services. The information collected includes:

  • Pages visited and time spent on pages.
  • General geographic location (e.g., country).
  • Device type and browser used.
  • User interaction with website elements.

This data is aggregated and anonymized by Google Analytics and cannot be used to identify you personally. We only initialize Google Analytics if you click "Accept" on the consent banner.

3. Cookies and Tracking Technologies

A cookie is a small file placed on your device. We use cookies for the following purposes:

  • Consent Management: We use your browser's localStorage to remember your choice regarding analytics cookies (ga_consent).
  • Analytics: If you consent, Google Analytics places cookies (_ga, _gid, etc.) to gather anonymous usage data.
  • Advertising: The website includes a Google AdSense account identifier. This means Google and its partners may use cookies (like the DoubleClick cookie) to serve ads based on your visit to this site and/or other sites on the internet.

You can manage your cookie preferences at any time by clearing your browser's cookies or using your browser's settings to block them.

4. How We Use Information

  • To Provide Functionality: The financial data you enter is used solely to perform the calculations you request and to enable the save/load feature for your convenience.
  • To Improve Our Website: Anonymous analytics data helps us understand which tools are most popular and how we can enhance the user experience.
  • To Support Our Service: Third-party advertising helps keep this website free to use.

5. Third-Party Services

We do not sell or share your personal financial data with anyone. However, we do use the following third-party services which may handle data as described in their own privacy policies:

  • Google Analytics: For website analytics. You can learn more about how Google uses data by visiting their Privacy & Terms page. You can opt-out of Google Analytics by installing the Google Analytics Opt-out Browser Add-on.
  • Google AdSense: For serving advertisements. You can learn more about how Google manages data in its ad products and opt out of personalized advertising by visiting Google's Ad Settings.

6. Data Security

We are committed to data security. Since we do not store your financial data on our servers, the security of that data is in your hands. We recommend using a secure computer and network when entering sensitive information. Our website uses standard security practices, such as HTTPS encryption, to protect the connection between your browser and our site.

7. Children's Privacy

Our services are not directed to individuals under the age of 13. We do not knowingly collect any information from children under 13. If you believe we have inadvertently collected such information, please contact us so we can take appropriate action.

8. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new policy on this page and updating the "Effective Date" at the top. We encourage you to review this Privacy Policy periodically for any changes.

9. Contact Us

Please contact us at the below email address:

  • Email: info@freefinancialcompass.com