Transaction Velocity
How frequently you transact, measured separately from how much you spend.
Velocity counts transactions per day. It is deliberately independent of amount, so a $4 purchase and a $400 one weigh the same.
Two households can reach an identical monthly total through very different patterns: one through many small daily purchases, another through a few large weekly ones. The totals match while the composition does not, and composition is what determines how much of the spending was decided in advance.
The reason to track it separately is that small recurring amounts are hard to estimate by recall. A $4 purchase repeated on most days reaches $120 in a month without ever presenting itself as a $120 decision.
Worked through
Same $3,500 monthly total, two patterns
Two illustrative spending patterns that reach the same monthly total by different routes.
- Pattern A rate
- 6.2/day
- Pattern A count
- 186/mo
- Pattern B rate
- 1.5/day
- Pattern B count
- 45/mo
Same total, four times the decisions. Velocity is what separates the two.
Where this lives in Promi
Transactions page. Daily transaction rate against six and twelve-month history.
Related in Transactions & Spending
See your own transaction velocity
Promi computes this from your linked accounts, with the definition one click from the number.
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