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Thursday, 4 November 2010

Mint data provides an approach to its 4 million users spending patterns of

With over four million users, personal finance money platform undoubtedly has a huge amount of data it can mine about consumer spending habits. In fact, the site already uses some of these data to show seasonal trends. Today, Intuit belonging to company launches its ideas in real time data client to the public after soft product launch there are nearly two months.

Mint data aggregated anonymous users the money spending data to give you a preview in real time on what spending people everywhere to pays.Par example platform lists the most popular restaurants in San Francisco (tours), the top shopping spots in New York City (on average higher pass) and the cities of the United States higher spending.

Mint data will also display spending data by average price purchase and popularity, which is defined by the number of transactions per month.The classification may be considered by category, such as "food and dining room," specific and ventilated companies at ville.Par example, currency data shows average spend at a Starbucks in New York is $5.38.Site also compares the average spend in cafés throughout, which is slightly higher.

In terms of actual data, you can choose from 300 cities in United States to compare dépenses.Et users can compare their personal finances and spending patterns by category or merchant against averages in their region or of the average national.

As a consumer product, these data are quite fascinating and a great way to get an idea a little more on how your spending stack against the rest of the consumers in your town or in a particular store YH ' imagine that only some of these data could be exploited even more profound to compare the demographics and spending.

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