Last updated: August 14, 2026
WealthSprout is a virtual savings app that helps families teach kids about money and helps individuals track savings goals. No real bank accounts are involved. Balances in WealthSprout represent agreements between people (like a parent and child), not deposits at a financial institution.
When you sign up, you can start using WealthSprout anonymously. If you choose to link an email address, we store it for authentication and to send you sign-in links and account notifications. Those are the only emails WealthSprout sends today. We reserve the right to email you occasional product announcements in future, and if we ever do, every one of them will carry an unsubscribe link. Your sign-in emails will keep working whether or not you unsubscribe.
We store the data you create in the app: account names, balances, deposit and withdrawal amounts, transactions, scheduled transactions, interest rates, savings targets, and any memos you add. This data is necessary to provide the service.
We treat this as financial information and we declare it that way on the App Store, under Financial Info, Other Financial Info, linked to your identity. None of it is real money and none of it comes from or goes to a bank: WealthSprout has no payment provider, no card, no bank connection, and no in-app purchases. These are figures a parent typed to record what they owe a child. A recorded debt is still financial information, so we say so rather than argue our way out of the category.
Account names are usually a child’s first name, because the app is built around one account per child. That means you are entering information about another person, normally a minor, and it is stored and processed the same way as the rest of your data. Please use whatever name you are comfortable having stored.
We use PostHog to understand how people use WealthSprout. This includes events like creating an account or making a transaction, pages you visit, and general usage patterns. We use this data to improve the product. PostHog may collect device and browser information as part of its analytics service.
Two details worth stating plainly. First, once you link an email address we identify your analytics profile with your user ID and that email address, so analytics events are linked to you rather than anonymous. Second, PostHog records interactions automatically, which includes the text of things you tap. On a screen that shows an account name and a balance, that text can include the name and the balance. One event, viewing an interest payment, also sends the amount of that payment.
What we do not do: we do not use an advertising identifier, we do not run any advertising or attribution SDK, we do not sell or share your data with data brokers, and we do not combine your data with data from other companies’ apps or websites to track you. WealthSprout does not track you in the sense the App Store uses that word, and the app declares that.
We work with a small number of third-party services to operate WealthSprout:
These providers only access your data as needed to perform their services and are bound by their own privacy commitments.
WealthSprout lets you share accounts with other people by email (for example, sharing a child’s savings account with a co-parent). When you share an account, the recipient can see the account name, balance, and transactions. You control who has access and can revoke it at any time.
Your data is stored on secure cloud infrastructure. We use industry-standard security measures including encrypted connections, server-side access controls, and rate limiting to protect against unauthorized access. Sign-in links expire after 15 minutes.
You can delete your account from within the app at any time. Open the Profile tab, choose Delete Account, confirm that you understand the deletion cannot be undone, and the deletion runs immediately. If you no longer have access to the app, you can request deletion by email. Deleting your account permanently removes your profile, accounts, transactions, and all associated data from our servers.
One consequence is worth being explicit about: if you own an account that you shared with a co-parent, deleting your own account deletes that shared account for them too, because you own it. Move ownership or export what you need before you delete.
Analytics is separate and is handled differently. Deleting your account signs you out of analytics on your device so that later activity is not attributed to you, but it does not by itself erase the analytics history already held by our analytics provider, which is identified by your user ID and email address. If you want that history erased as well, email us at support@wealthsprout.io and we will delete it.
WealthSprout is designed to be managed by parents or guardians on behalf of their children. We do not knowingly collect personal information directly from children under 13. A parent or guardian creates and manages all accounts.
We may update this privacy policy from time to time. If we make significant changes, we’ll notify you through the app or by email. Your continued use of WealthSprout after changes take effect means you accept the updated policy.
If you have questions about this privacy policy or your data, contact us at support@wealthsprout.io.