Terms of Service

Version 1.2 · Updated: 30 October 2026 · Operator: Oshik Team (Yehuda) · udah10@gmail.com

Use of Oshik is subject to these terms. If you do not agree with these terms, please do not use the application or website. Inquiries: udah10@gmail.com.

What Oshik Is, and What It Is Not

Oshik is an educational family journal. It assists parents and children in tracking pocket money decisions: spending, saving, and investing. Oshik is not a bank, not a credit/debit card issuer, not a broker, does not provide investment advice, and is not a regulated financial institution.

Oshik - Family money journal. Not a bank, not a broker.

Parents Are the Bank

The account is owned and managed by the parent or legal guardian. All numbers displayed within the app are educational simulations. Real-world funds are held and transferred entirely outside the app - in physical cash, digital bank transfers, or any payment method the family chooses. Oshik never transmits funds, holds deposits, or processes payments.

Parent-Funded Educational Interest

Interest applied to locked deposits is strictly an educational tool. Parents define the interest rate and fund it out of their own pockets upon maturity. It is not a guaranteed return, not bank interest, and creates no financial liability on the part of the Oshik operator.

Illustrative Market Indices

The investment simulation displays broad market indices (such as S&P 500, Nasdaq-100, and TA-35) solely to illustrate market fluctuation. This is not a recommendation to buy or sell securities, not portfolio management, and not investment advisory services.

Parent Accounts & Child Supervision

Only a parent or legal guardian may create a family account. Children join via a numeric code or QR scan generated by the parent, without creating an independent account. Parents assume full legal responsibility for connected children, consent, and real-world cash decisions.

Product Availability & Development Stage

The Android app is available on Google Play. The iPhone version is not in the App Store yet. Family accounts persist on a cloud journal (Supabase, Frankfurt). No warranty of uptime or backup is provided. Account deletion is in the parent app. Seeing or correcting details follows the privacy policy.

Modifications of Terms

The Oshik operator reserves the right to update these terms. Any revision date will be indicated at the top of this page. Continued use following revisions constitutes acceptance of the updated terms under applicable law.

Disclaimer of Warranties & Limitation of Liability

Oshik is provided on an "as is" and "as available" basis for educational literacy purposes only. The Oshik operator shall not be liable for any financial decisions, simulated or real capital losses, offline cash exchanges, or indirect damages arising from the use of the platform.

Governing Law & Jurisdiction

These terms shall be governed by and construed in accordance with the laws of the State of Israel. Exclusive jurisdiction shall reside in the competent courts of Israel. Contact: udah10@gmail.com.