Important safety notes:
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Bitcoins are stored on the device.
If you lose it, you'll lose your Bitcoins.
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This means you need to back up your wallet!
Use the in-app backup facility for this, rather than a third party backup app.
Keep your backup safe and remember the password.
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Before uninstalling (or clearing app data/wiping your device), transfer your Bitcoins to another wallet.
Remaining Bitcoins will be lost.
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Payments are irreversible.
If you send your Bitcoins into the void, there is almost no way to get them back.
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Keep your mobile device safe!
Do not root your device.
Do only install apps you fully trust.
Malicious apps could be trying to steal your wallet.
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Keep the risk low!
Only use with small amounts for day use.