The honest version

Budget Lock is a small offline app. Our one specific advantage: your financial data never leaves your phone. This page shows what that means compared to typical server-based budget apps.

Contents

  1. At a glance
  2. Privacy & data collection
  3. Encryption claims
  4. Deleting your data
  5. Pricing
  6. What we don't compete on
  7. Which app should you use?

1. At a glance

App Account required Data sent to a server SMS auto-read Bank linking Pricing
Budget Lock No None (your transactions never leave your phone) No No Free + one-time Remove Ads IAP
Typical server-based budget apps Yes To remote servers Some Many (via aggregators) Subscription or freemium

Most server-based budget apps require an account and use generic encryption claims. Budget Lock requires no account and publishes its full algorithm stack — see Security.

2. Privacy & data collection

Typical server-based apps collect

Email, password, name, postal address, phone, device fingerprint, IP, ad IDs, cookies, linked-bank balances and transactions, uploaded receipts. Some also collect SMS content, GPS, and government IDs.

Budget Lock collects

None of the above. No account, no bank linking, no SMS, no GPS. Free-tier ads use AdMob (disabled by the Remove Ads purchase).

Read the full Budget Lock privacy policy.

3. Encryption

App Encryption claim
Typical server-based budget apps SSL/TLS in transit; generic "256-bit" or "bank-grade" claims.
Budget Lock AES-256 on-device, with the password-stretching, sub-key, and tamper-check details published.

See the Security page for the full details.

4. Deleting your data

App Steps to delete Wait time Server-side retention after delete
Typical server-based budget apps Email request, support ticket, or in-app form (varies) Up to 30 days 12–24 months for backups; longer where retention is legally required
Budget Lock Settings → Destroy Vault → type "ERASE" Instant None — we have no servers

Step-by-step delete guide for Budget Lock.

5. Pricing

App Free tier Paid tier
Budget Lock Full features. Banner + interstitial + rewarded ads. One-time "Remove Ads" IAP. No subscription, ever.
Typical server-based budget apps Free with ads, or limited free tier Subscription, typically $2.99–$15/mo or $35–$110/yr

6. What we don’t do

Budget Lock has no bank linking, no automatic transaction import, no formal budgeting method with workshops or coaches, and no live "safe-to-spend" balance from connected accounts.

7. Which app should you use?

Choose Budget Lock if

Choose another app if

Sources

The "typical server-based budget app" pattern reflects public privacy policies of the major free finance apps as of April 2026:

Spotted something inaccurate? Email support@budgetlock.app.