Data Types in PostgreSQL: Money Data Types || PostgreSQL Full Playlist Video #44

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Learn how to use the money data type in PostgreSQL for storing and manipulating currency values with real-world examples and best practices.

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Description
In this video (PostgreSQL Playlist #44), we take a deep dive into the money data type in PostgreSQL, which is specially designed to store and manipulate currency values with fixed fractional precision.

💡 You’ll learn:

What the money type is and how it works
How to create tables and insert monetary values
Type casting between money, numeric, and float
Performing arithmetic with money values
Real-world example: applying discounts on invoices
Best practices to avoid rounding errors and locale mismatches

🛠️ This tutorial is perfect for developers, data engineers, and students looking to enhance their PostgreSQL database design and financial data handling skills.

📌 Don’t forget to check out the complete PostgreSQL series for more in-depth tutorials.

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📌 Chapters Covered:
00:00 - Introduction
00:37 - Basic Money Example
01:01 - Money Type Columns in Tables
02:04 - Casting To and From Money Type
02:45 - Casting From Float - Not Recommended
03:21 - Converting Money to Numeric Type
03:50 - Money Division by Integer (Truncates)
04:22 - Money Division with Rounding (Preferred)
04:53 - Money ÷ Money (Returns Float)
05:25 - Money Addition and Subtraction
06:00 - Money Practical Example: Invoices with Discounts
07:36 - Conclusion

Видео Data Types in PostgreSQL: Money Data Types || PostgreSQL Full Playlist Video #44 канала Knowledge 360