Terms of service

1. Acceptance of terms

By accessing or using YAFA (“Yet Another FIRE App”), you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use our service.

2. Important disclaimer - not financial advice

All information, projections, calculations, and AI-generated content provided by YAFA are for general educational and informational purposes only. They should not be relied upon as the basis for any financial decision.

Before making any financial decisions, you should seek advice from a licensed financial adviser who holds an appropriate Australian Financial Services Licence (AFSL) and who can consider your individual circumstances, objectives, and financial situation.

3. Nature of the service

YAFA provides:

• Financial calculators and projection tools
• General educational information about Australian financial concepts
• AI-powered educational explanations of financial scenarios
• Portfolio tracking and visualisation tools

YAFA does not provide:

• Personal financial advice
• Investment recommendations
• Tax advice (consult a registered tax agent)
• Legal advice
• Guarantees about future financial outcomes

4. Projections and calculations

All projections, FIRE calculations, and wealth estimates are based on assumptions that may not reflect reality. Actual results will differ from projections due to factors including but not limited to:

• Changes in tax laws and superannuation rules
• Market volatility and investment returns
• Inflation variations
• Changes in personal circumstances
• Economic conditions
• Data entry errors

Past performance of investments does not guarantee future results. Projections are hypothetical scenarios, not predictions.

5. AI-generated content

YAFA uses artificial intelligence to provide educational explanations and analysis. AI-generated content:

• May contain errors or inaccuracies
• Is general in nature and does not consider your specific circumstances
• Should not be relied upon as financial, tax, or legal advice
• Is provided for educational purposes only

Always verify AI-generated information independently and consult appropriate licensed professionals before acting on any information.

6. Your responsibilities

As a user of YAFA, you agree to:

• Provide accurate information when using the calculators
• Use the service for personal, non-commercial purposes only
• Not rely solely on YAFA for financial decisions
• Seek professional advice from licensed advisers for personalised guidance
• Keep your account credentials secure
• Comply with all applicable laws and regulations

7. Limitation of liability

To the maximum extent permitted by law, YAFA and its operators shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from:

• Your use of or inability to use the service
• Any decisions you make based on information from YAFA
• Errors or inaccuracies in calculations or projections
• AI-generated content
• Changes to tax laws, superannuation rules, or other regulations
• Investment losses or missed opportunities

8. Data and privacy

Your use of YAFA is also governed by our Privacy Policy, which describes how we collect, use, and protect your data.

9. Changes to terms

We may update these Terms of Service from time to time. Continued use of YAFA after changes are posted constitutes acceptance of the updated terms.

10. Governing law

These Terms of Service are governed by the laws of Australia. Any disputes arising from your use of YAFA shall be subject to the exclusive jurisdiction of the courts of Australia.

11. Contact

If you have questions about these Terms of Service, please contact us at support@yafapp.com.au