A Privacy Policy, also known as a Privacy Notice, simply put is the document where the website or app owner discloses what data is being collected from users, how it's being collected and what the owner is doing with that data.
First of all, you won't be breaking the law. A Privacy Policy is legally required for all websites or mobile apps that collect personal information from visitors either directly (ie. asking visitors to provide information) or indirectly (ie. through integration with third parties). Second, visitors will consider you to be trust-worthy as you're transparent with your policies on user information.
Not everyone knows how to make a Privacy Policy agreement, especially with CCPA or GDPR or CalOPPA or PIPEDA or Australia's Privacy Act provisions. If you are not a lawyer or someone who is familiar to Privacy Policies, you will be clueless. Some people might even take advantage of you because of this.
First of all, you won't be breaking the law. A Privacy Policy is legally required for all websites or mobile apps that collect personal information from visitors either directly (ie. asking visitors to provide information) or indirectly (ie. through integration with third parties). Second, visitors will consider you to be trust-worthy as you're transparent with your policies on user information.