These Terms and Conditions ("Terms") form a legally binding agreement between you and Infinite Minds Limited ("Infinite Minds Limited", "we", "us", or "our") governing your access to and use of the BudgetBuddy mobile application and related services (collectively, the "Service"). By creating an account, or by accessing or using the Service in any way, you agree to be bound by these Terms and by our Privacy Policy, which is incorporated into these Terms by reference. If you do not agree to these Terms, you must not access or use the Service.
You must be at least 18 years old and capable of forming a legally binding contract to use the Service. By using the Service, you represent and warrant that you meet these requirements, that all registration information you submit is accurate and truthful, and that you will maintain the accuracy of such information. You may only maintain one account, for your own personal, non-commercial use, unless we have agreed otherwise with you in writing.
BudgetBuddy is a personal budgeting and expense-tracking application that allows you to manually record transactions, set budgets and savings goals, categorise spending, optionally connect a New Zealand bank account through Akahu Limited for automatic transaction syncing, scan receipts for automatic data extraction, and — on eligible subscription tiers — chat with an AI assistant ("Buddy") for general insights about your recorded spending. The features available to you depend on your subscription tier (Free, Premium, or Elite), which we may change from time to time as described in Section 6.
BudgetBuddy is a organisational and informational tool only. Nothing in the Service — including your calculated financial health score, budgeting tips, category insights, or any response generated by the Buddy AI assistant — constitutes financial, investment, tax, accounting, or legal advice, or a recommendation to take or refrain from taking any particular action. We are not a registered financial adviser, and no content within the Service should be construed as such. You are solely responsible for any financial decisions you make, whether or not informed by the Service, and you should consult a qualified, licensed professional before making significant financial decisions. AI-generated content may contain errors or omissions and should always be independently verified.
If you choose to connect a bank account, you authorise Akahu Limited, and through it your bank, to share your account and transaction data with us, subject to Akahu's own terms and consent framework, which you must separately accept. This feature is currently available only for bank accounts held in New Zealand. We are not responsible for, and disclaim all liability arising from, any inaccuracy, delay, interruption, or unavailability of data supplied to us by Akahu or your bank, or for any acts or omissions of Akahu or your bank. You may revoke Akahu's access to your bank account at any time through Akahu or your bank's own systems, and may disconnect your account within the App.
The Service is offered on a Free tier and on paid Premium and Elite subscription tiers, each with different feature and usage limits as described within the App. Prices displayed in the App are indicative and shown in New Zealand dollars unless otherwise stated; actual prices may vary by region and are subject to change on notice. Where in-app purchases are enabled, subscriptions renew automatically at the then-current price unless cancelled at least 24 hours before the end of the current billing period, and are billed and managed through the applicable app store's (Apple App Store or Google Play) subscription system, subject to that platform's own terms. We do not directly process or store your payment card details. We reserve the right to change our pricing or the features included in any tier at any time, with reasonable notice to existing subscribers before any change takes effect for them. No refunds will be provided for partial subscription periods except where required by applicable law, including the New Zealand Consumer Guarantees Act 1993.
You agree that you will not: (a) use the Service for any unlawful purpose or in violation of any applicable law or regulation; (b) provide false, inaccurate, or misleading information; (c) attempt to gain unauthorised access to any account, system, or network related to the Service; (d) reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code of the Service, except to the extent such restriction is prohibited by applicable law; (e) scrape, harvest, or otherwise systematically extract data from the Service; (f) use the Service to transmit any virus, malware, or other harmful code; (g) interfere with or disrupt the integrity or performance of the Service or the servers or networks connected to it; (h) create multiple accounts to evade subscription tier limits, usage caps, or account restrictions; (i) use the Service to launder money, commit fraud, or facilitate any other illegal financial activity; or (j) resell, sublicense, or commercially exploit the Service without our prior written consent.
We reserve the right to investigate suspected violations of this Section, including by reviewing account activity and the device/diagnostic information described in our Privacy Policy, and to take any action we deem appropriate, including suspending or terminating your account under Section 13.
The Service, including its software, design, text, graphics, logos, and the "BudgetBuddy" name and mark, is owned by Infinite Minds Limited or its licensors and is protected by copyright, trademark, and other intellectual property laws. Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable licence to download and use the App on a personal device you own or control, solely for your own personal use. All rights not expressly granted to you are reserved by Infinite Minds Limited.
You retain ownership of the transaction data, budgets, receipt images, feedback, and any other content you submit to the Service ("Your Content"). By submitting Your Content, you grant Infinite Minds Limited a worldwide, royalty-free licence to host, store, reproduce, and process Your Content solely for the purpose of providing and improving the Service to you, including (where you have enabled the relevant feature) transmitting a privacy-minimised summary of Your Content to our AI provider as described in our Privacy Policy. You represent that you have all rights necessary to submit Your Content and that it does not infringe any third party's rights.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR THAT ANY DATA (INCLUDING TRANSACTION CATEGORISATION, HEALTH SCORES, OR AI-GENERATED CONTENT) WILL BE ACCURATE OR COMPLETE.
NOTHING IN THESE TERMS EXCLUDES, RESTRICTS, OR MODIFIES ANY CONDITION, WARRANTY, GUARANTEE, RIGHT, OR REMEDY IMPLIED OR CONFERRED BY THE CONSUMER GUARANTEES ACT 1993, THE FAIR TRADING ACT 1986, OR ANY OTHER APPLICABLE LEGISLATION THAT CANNOT LAWFULLY BE EXCLUDED, RESTRICTED, OR MODIFIED. WHERE YOU ACQUIRE THE SERVICE FOR THE PURPOSES OF A BUSINESS, YOU AGREE THAT THE CONSUMER GUARANTEES ACT 1993 DOES NOT APPLY, TO THE EXTENT PERMITTED BY SECTION 43 OF THAT ACT.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, AND SUBJECT TO SECTION 10, IN NO EVENT WILL INFINITE MINDS LIMITED, ITS DIRECTORS, EMPLOYEES, OR AGENTS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR GOODWILL, ARISING OUT OF OR RELATED TO YOUR USE OF, OR INABILITY TO USE, THE SERVICE, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THE SERVICE OR THESE TERMS WILL NOT EXCEED THE GREATER OF (A) THE TOTAL AMOUNT YOU PAID US IN SUBSCRIPTION FEES IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED NEW ZEALAND DOLLARS (NZD $100).
YOU ACKNOWLEDGE THAT THE SERVICE IS A BUDGETING AND ORGANISATIONAL TOOL ONLY, AND THAT WE ARE NOT LIABLE FOR ANY FINANCIAL LOSS, MISSED PAYMENT, OVERDRAFT, BANK FEE, OR OTHER CONSEQUENCE ARISING FROM YOUR RELIANCE ON THE SERVICE, INCLUDING ANY INACCURACY IN DATA SUPPLIED BY AKAHU OR YOUR BANK, OR ANY AI-GENERATED CONTENT.
You agree to indemnify, defend, and hold harmless Infinite Minds Limited and its directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable legal fees, arising out of or in any way connected with: (a) your access to or use of the Service; (b) Your Content; (c) your violation of these Terms; or (d) your violation of any applicable law or the rights of any third party.
We may suspend or terminate your access to the Service, without prior notice, if we reasonably believe you have violated these Terms, engaged in fraudulent or abusive conduct, or if required to do so by law or by a third-party service provider (including Akahu, our payment processors, or the applicable app store). You may delete your account at any time via Settings within the App, which will permanently delete your account data as described in our Privacy Policy. Sections 4, 8, 9, 10, 11, 12, 15, and 16 of these Terms survive termination of your account or these Terms.
We may modify, suspend, or discontinue the Service, or any feature of it, at any time. We may also update these Terms from time to time; where a change is material, we will provide reasonable notice (such as an in-app notification) before it takes effect. Your continued use of the Service after a change to these Terms takes effect constitutes your acceptance of the revised Terms. If you do not agree to the revised Terms, you must stop using the Service and may delete your account.
These Terms, and any dispute arising out of or in connection with them or the Service, are governed by the laws of New Zealand, without regard to its conflict-of-laws principles. You and Infinite Minds Limited agree to submit to the exclusive jurisdiction of the courts of New Zealand to resolve any dispute that is not resolved informally. Before commencing formal proceedings, both parties agree to first attempt in good faith to resolve any dispute by contacting the other party in writing and allowing a reasonable period (not less than 30 days) for informal resolution.
(a) Entire Agreement — These Terms, together with our Privacy Policy, constitute the entire agreement between you and Infinite Minds Limited regarding the Service, and supersede any prior agreements.
(b) Severability — If any provision of these Terms is held to be invalid or unenforceable, that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain in full force and effect.
(c) No Waiver — Our failure to enforce any right or provision of these Terms will not be considered a waiver of that right or provision.
(d) Assignment — You may not assign or transfer these Terms or your account without our prior written consent. We may assign these Terms, in whole or in part, without restriction, including in connection with a merger, acquisition, or sale of assets.
(e) Force Majeure — We will not be liable for any failure or delay in performance resulting from causes beyond our reasonable control, including acts of God, natural disasters, war, terrorism, labour disputes, internet or telecommunications failures, or failures of our third-party service providers.
(f) Relationship — Nothing in these Terms creates any partnership, joint venture, employment, or agency relationship between you and Infinite Minds Limited.
If you have any questions about these Terms, please contact us at:
Infinite Minds Limited
Email: info@infiniteminds.app