Terms of Service
Last updated: February 18, 2026
Penny is not a bank
Penny is an educational simulation tool designed to help parents teach children about money management. It is not a financial institution, bank, or money transmitter. No real money is held, transferred, or managed by Penny.
Simulated interest
The compound interest feature in Penny is a learning tool. Interest calculations are simulated for educational purposes to demonstrate how compound interest works. No real interest is earned, and no real financial returns are generated.
No financial advice
Nothing in Penny constitutes financial advice, investment advice, or any other form of professional advice. Penny is not a substitute for consultation with a qualified financial advisor. The interest rates and calculations shown are for educational illustration only.
Account responsibility
Parents are responsible for the accounts they create and the data they enter. You are responsible for maintaining the security of your Google account used to sign in. Penny is designed for family use — you should only create accounts for your own family.
Service availability
Penny is provided as-is and as-available. We make no guarantees about uptime, data durability, or uninterrupted service. While we make reasonable efforts to keep Penny running, the service may experience downtime for maintenance or due to circumstances beyond our control.
Termination
You may stop using Penny at any time. You can request deletion of your account and data as described in our Privacy Policy. We reserve the right to suspend or terminate accounts that violate these terms or are used in ways that could harm the service or other users.
Changes to these terms
We may update these terms from time to time. If we make significant changes, we will update the "Last updated" date at the top of this page. Continued use of Penny after changes constitutes acceptance of the updated terms.
Contact
If you have questions about these terms, please open an issue on GitHub.