- 1. API with NestJS #1. Controllers, routing and the module structure
- 2. API with NestJS #2. Setting up a PostgreSQL database with TypeORM
- 3. API with NestJS #3. Authenticating users with bcrypt, Passport, JWT, and cookies
- 4. API with NestJS #4. Error handling and data validation
- 5. API with NestJS #5. Serializing the response with interceptors
- 6. API with NestJS #6. Looking into dependency injection and modules
- 7. API with NestJS #7. Creating relationships with Postgres and TypeORM
- 8. API with NestJS #8. Writing unit tests
- 9. API with NestJS #9. Testing services and controllers with integration tests
- 10. API with NestJS #10. Uploading public files to Amazon S3
- 11. API with NestJS #11. Managing private files with Amazon S3
- 12. API with NestJS #12. Introduction to Elasticsearch
- 13. API with NestJS #13. Implementing refresh tokens using JWT
- 14. API with NestJS #14. Improving performance of our Postgres database with indexes
- 15. API with NestJS #15. Defining transactions with PostgreSQL and TypeORM
- 16. API with NestJS #16. Using the array data type with PostgreSQL and TypeORM
- 17. API with NestJS #17. Offset and keyset pagination with PostgreSQL and TypeORM
- 18. API with NestJS #18. Exploring the idea of microservices
- 19. API with NestJS #19. Using RabbitMQ to communicate with microservices
- 20. API with NestJS #20. Communicating with microservices using the gRPC framework
- 21. API with NestJS #21. An introduction to CQRS
- 22. API with NestJS #22. Storing JSON with PostgreSQL and TypeORM
- 23. API with NestJS #23. Implementing in-memory cache to increase the performance
- 24. API with NestJS #24. Cache with Redis. Running the app in a Node.js cluster
- 25. API with NestJS #25. Sending scheduled emails with cron and Nodemailer
- 26. API with NestJS #26. Real-time chat with WebSockets
- 27. API with NestJS #27. Introduction to GraphQL. Queries, mutations, and authentication
- 28. API with NestJS #28. Dealing in the N + 1 problem in GraphQL
- 29. API with NestJS #29. Real-time updates with GraphQL subscriptions
- 30. API with NestJS #30. Scalar types in GraphQL
- 31. API with NestJS #31. Two-factor authentication
- 32. API with NestJS #32. Introduction to Prisma with PostgreSQL
- 33. API with NestJS #33. Managing PostgreSQL relationships with Prisma
- 34. API with NestJS #34. Handling CPU-intensive tasks with queues
- 35. API with NestJS #35. Using server-side sessions instead of JSON Web Tokens
- 36. API with NestJS #36. Introduction to Stripe with React
- 37. API with NestJS #37. Using Stripe to save credit cards for future use
- 38. API with NestJS #38. Setting up recurring payments via subscriptions with Stripe
- 39. API with NestJS #39. Reacting to Stripe events with webhooks
- 40. API with NestJS #40. Confirming the email address
- 41. API with NestJS #41. Verifying phone numbers and sending SMS messages with Twilio
- 42. API with NestJS #42. Authenticating users with Google
- 43. API with NestJS #43. Introduction to MongoDB
- 44. API with NestJS #44. Implementing relationships with MongoDB
- 45. API with NestJS #45. Virtual properties with MongoDB and Mongoose
- 46. API with NestJS #46. Managing transactions with MongoDB and Mongoose
- 47. API with NestJS #47. Implementing pagination with MongoDB and Mongoose
- 48. API with NestJS #48. Definining indexes with MongoDB and Mongoose
- 49. API with NestJS #49. Updating with PUT and PATCH with MongoDB and Mongoose
- 50. API with NestJS #50. Introduction to logging with the built-in logger and TypeORM
- 51. API with NestJS #51. Health checks with Terminus and Datadog
- 52. API with NestJS #52. Generating documentation with Compodoc and JSDoc
- 53. API with NestJS #53. Implementing soft deletes with PostgreSQL and TypeORM
- 54. API with NestJS #54. Storing files inside a PostgreSQL database
- 55. API with NestJS #55. Uploading files to the server
- 56. API with NestJS #56. Authorization with roles and claims
- 57. API with NestJS #57. Composing classes with the mixin pattern
- 58. API with NestJS #58. Using ETag to implement cache and save bandwidth
- 59. API with NestJS #59. Introduction to a monorepo with Lerna and Yarn workspaces
- 60. API with NestJS #60. The OpenAPI specification and Swagger
- 61. API with NestJS #61. Dealing with circular dependencies
- 62. API with NestJS #62. Introduction to MikroORM with PostgreSQL
- 63. API with NestJS #63. Relationships with PostgreSQL and MikroORM
- 64. API with NestJS #64. Transactions with PostgreSQL and MikroORM
- 65. API with NestJS #65. Implementing soft deletes using MikroORM and filters
- 66. API with NestJS #66. Improving PostgreSQL performance with indexes using MikroORM
- 67. API with NestJS #67. Migrating to TypeORM 0.3
- 68. API with NestJS #68. Interacting with the application through REPL
- 69. API with NestJS #69. Database migrations with TypeORM
- 70. API with NestJS #70. Defining dynamic modules
- 71. API with NestJS #71. Introduction to feature flags
- 72. API with NestJS #72. Working with PostgreSQL using raw SQL queries
- 73. API with NestJS #73. One-to-one relationships with raw SQL queries
- 74. API with NestJS #74. Designing many-to-one relationships using raw SQL queries
- 75. API with NestJS #75. Many-to-many relationships using raw SQL queries
- 76. API with NestJS #76. Working with transactions using raw SQL queries
- 77. API with NestJS #77. Offset and keyset pagination with raw SQL queries
- 78. API with NestJS #78. Generating statistics using aggregate functions in raw SQL
- 79. API with NestJS #79. Implementing searching with pattern matching and raw SQL
- 80. API with NestJS #80. Updating entities with PUT and PATCH using raw SQL queries
- 81. API with NestJS #81. Soft deletes with raw SQL queries
- 82. API with NestJS #82. Introduction to indexes with raw SQL queries
- 83. API with NestJS #83. Text search with tsvector and raw SQL
- 84. API with NestJS #84. Implementing filtering using subqueries with raw SQL
- 85. API with NestJS #85. Defining constraints with raw SQL
- 86. API with NestJS #86. Logging with the built-in logger when using raw SQL
- 87. API with NestJS #87. Writing unit tests in a project with raw SQL
- 88. API with NestJS #88. Testing a project with raw SQL using integration tests
- 89. API with NestJS #89. Replacing Express with Fastify
- 90. API with NestJS #90. Using various types of SQL joins
- 91. API with NestJS #91. Dockerizing a NestJS API with Docker Compose
- 92. API with NestJS #92. Increasing the developer experience with Docker Compose
- 93. API with NestJS #93. Deploying a NestJS app with Amazon ECS and RDS
- 94. API with NestJS #94. Deploying multiple instances on AWS with a load balancer
- 95. API with NestJS #95. CI/CD with Amazon ECS and GitHub Actions
- 96. API with NestJS #96. Running unit tests with CI/CD and GitHub Actions
- 97. API with NestJS #97. Introduction to managing logs with Amazon CloudWatch
- 98. API with NestJS #98. Health checks with Terminus and Amazon ECS
- 99. API with NestJS #99. Scaling the number of application instances with Amazon ECS
- 100. API with NestJS #100. The HTTPS protocol with Route 53 and AWS Certificate Manager
- 101. API with NestJS #101. Managing sensitive data using the AWS Secrets Manager
- 102. API with NestJS #102. Writing unit tests with Prisma
- 103. API with NestJS #103. Integration tests with Prisma
- 104. API with NestJS #104. Writing transactions with Prisma
- 105. API with NestJS #105. Implementing soft deletes with Prisma and middleware
- 106. API with NestJS #106. Improving performance through indexes with Prisma
- 107. API with NestJS #107. Offset and keyset pagination with Prisma
- 108. API with NestJS #108. Date and time with Prisma and PostgreSQL
- 109. API with NestJS #109. Arrays with PostgreSQL and Prisma
- 110. API with NestJS #110. Managing JSON data with PostgreSQL and Prisma
- 111. API with NestJS #111. Constraints with PostgreSQL and Prisma
- 112. API with NestJS #112. Serializing the response with Prisma
- 113. API with NestJS #113. Logging with Prisma
- 114. API with NestJS #114. Modifying data using PUT and PATCH methods with Prisma
- 115. API with NestJS #115. Database migrations with Prisma
- 116. API with NestJS #116. REST API versioning
- 117. API with NestJS #117. CORS – Cross-Origin Resource Sharing
- 118. API with NestJS #118. Uploading and streaming videos
- 119. API with NestJS #119. Type-safe SQL queries with Kysely and PostgreSQL
- 120. API with NestJS #120. One-to-one relationships with the Kysely query builder
- 121. API with NestJS #121. Many-to-one relationships with PostgreSQL and Kysely
- 122. API with NestJS #122. Many-to-many relationships with Kysely and PostgreSQL
- 123. API with NestJS #123. SQL transactions with Kysely
- 124. API with NestJS #124. Handling SQL constraints with Kysely
- 125. API with NestJS #125. Offset and keyset pagination with Kysely
- 126. API with NestJS #126. Improving the database performance with indexes and Kysely
- 127. API with NestJS #127. Arrays with PostgreSQL and Kysely
- 128. API with NestJS #128. Managing JSON data with PostgreSQL and Kysely
- 129. API with NestJS #129. Implementing soft deletes with SQL and Kysely
- 130. API with NestJS #130. Avoiding storing sensitive information in API logs
- 131. API with NestJS #131. Unit tests with PostgreSQL and Kysely
- 132. API with NestJS #132. Handling date and time in PostgreSQL with Kysely
- 133. API with NestJS #133. Introducing database normalization with PostgreSQL and Prisma
- 134. API with NestJS #134. Aggregating statistics with PostgreSQL and Prisma
- 135. API with NestJS #135. Referential actions and foreign keys in PostgreSQL with Prisma
- 136. API with NestJS #136. Raw SQL queries with Prisma and PostgreSQL range types
- 137. API with NestJS #137. Recursive relationships with Prisma and PostgreSQL
- 138. API with NestJS #138. Filtering records with Prisma
- 139. API with NestJS #139. Using UUID as primary keys with Prisma and PostgreSQL
- 140. API with NestJS #140. Using multiple PostgreSQL schemas with Prisma
- 141. API with NestJS #141. Getting distinct records with Prisma and PostgreSQL
- 142. API with NestJS #142. A video chat with WebRTC and React
- 143. API with NestJS #143. Optimizing queries with views using PostgreSQL and Kysely
- 144. API with NestJS #144. Creating CLI applications with the Nest Commander
- 145. API with NestJS #145. Securing applications with Helmet
- 146. API with NestJS #146. Polymorphic associations with PostgreSQL and Prisma
- 147. API with NestJS #147. The data types to store money with PostgreSQL and Prisma
- 148. API with NestJS #148. Understanding the injection scopes
- 149. API with NestJS #149. Introduction to the Drizzle ORM with PostgreSQL
- 150. API with NestJS #150. One-to-one relationships with the Drizzle ORM
- 151. API with NestJS #151. Implementing many-to-one relationships with Drizzle ORM
- 152. API with NestJS #152. SQL constraints with the Drizzle ORM
- 153. API with NestJS #153. SQL transactions with the Drizzle ORM
- 154. API with NestJS #154. Many-to-many relationships with Drizzle ORM and PostgreSQL
- 155. API with NestJS #155. Offset and keyset pagination with the Drizzle ORM
- 156. API with NestJS #156. Arrays with PostgreSQL and the Drizzle ORM
- 157. API with NestJS #157. Handling JSON data with PostgreSQL and the Drizzle ORM
- 158. API with NestJS #158. Soft deletes with the Drizzle ORM
- 159. API with NestJS #159. Date and time with PostgreSQL and the Drizzle ORM
- 160. API with NestJS #160. Using views with the Drizzle ORM and PostgreSQL
- 161. API with NestJS #161. Generated columns with the Drizzle ORM and PostgreSQL
- 162. API with NestJS #162. Identity columns with the Drizzle ORM and PostgreSQL
- 163. API with NestJS #163. Full-text search with the Drizzle ORM and PostgreSQL
- 164. API with NestJS #164. Improving the performance with indexes using Drizzle ORM
- 165. API with NestJS #165. Time intervals with the Drizzle ORM and PostgreSQL
- 166. API with NestJS #166. Logging with the Drizzle ORM
- 167. API with NestJS #167. Unit tests with the Drizzle ORM
- 168. API with NestJS #168. Integration tests with the Drizzle ORM
- 169. API with NestJS #169. Unique IDs with UUIDs using Drizzle ORM and PostgreSQL
- 170. API with NestJS #170. Polymorphic associations with PostgreSQL and Drizzle ORM
- 171. API with NestJS #171. Recursive relationships with Drizzle ORM and PostgreSQL
- 172. API with NestJS #172. Database normalization with Drizzle ORM and PostgreSQL
- 173. API with NestJS #173. Storing money with Drizzle ORM and PostgreSQL
- 174. API with NestJS #174. Multiple PostgreSQL schemas with Drizzle ORM
- 175. API with NestJS #175. PUT and PATCH requests with PostgreSQL and Drizzle ORM
- 176. API with NestJS #176. Database migrations with the Drizzle ORM
- 177. API with NestJS #177. Response serialization with the Drizzle ORM
We can’t cut corners on certain aspects of web development, and storing monetary values is one of them. In this article, we explore various data types in PostgreSQL we could use and discuss which ones to avoid.
The drawbacks of floating point numbers
When thinking about money, we often have to deal with fractions – for example, $10.50 means ten dollars and fifty cents.
A common way that computers represent fractions is by using the floating-point format.
database-schema.ts
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import { serial, pgTable, doublePrecision } from 'drizzle-orm/pg-core'; export const bankAccounts = pgTable('bank_accounts', { id: serial('id').primaryKey(), balance: doublePrecision('balance').notNull(), }); export const databaseSchema = { bankAccounts, }; |
In PostgreSQL, doublePrecision is one of the available data types that use the floating-point representation.
Unfortunately, floating-point numbers can cause many issues when storing monetary values. Let’s run a simple SQL query to find out more.
1 |
SELECT 0.1::float + 0.2::float |
In PostgreSQL, float is an alias for the double precision data type. By using ::float we’re forcing PostgreSQL to to treat our values as floating-point numbers.
Unfortunately, our query does not return 0.3.
Representing integer numbers in binary
To understand why the above happens, we must learn how the computer represents numbers in the binary format. Storing an integer in binary is relatively straightforward. The computer divides the number into a combination of smaller numbers, each one a power of 2.
Fort example, 53 = 1 + 4 + 16 + 32. The binary numbers use only two digits – zero and one. Every digit in the binary number represents a power of 2. Starting from the right, the first digit has a value of 2⁰, the next represents 2¹, then 2², and so forth.
We use 1 to say which powers of 2 we want to add to our number and 0 to signify which ones we don’t. With this approach, we can store any integer number.
The above system gets a bit more complex when storing negative numbers, but is built around the same concept.
Floating point numbers in binary
With the floating-point system, we use a similar approach to representing fractions. For instance, consider the number 53.625. To represent 0.625, we break it down into a sum of fractions, each being a power of ½. This gives us 0.625 as ½ + ⅛.
The floating point system applies further conversions to the number to determine the exponent and mantissa. This allows floating-point numbers to represent a broad range of values, from very small fractions to extremely large numbers.
What’s crucial to notice is that we can’t represent every fraction as a sum of numbers that are a power of ½. For instance, there is no binary fraction that can represent 0.1. The best the floating-point system can do is to create an approximation, such as 0.0001100110011001100110011. Converting it into a decimal number, we get 0.09999999403953552246, which is almost 0.1. While an approximation like that is suitable for some purposes, such as video game graphics, we need to be precise when storing monetary values.
Rounding errors
We can store 0.1 and 0.2 as approximations. However, when we try to add them up, we experience a rounding error.
The floating point system stores the above numbers in approximations as close to the original numbers as possible. When we add them together, we get a number that’s close to 0.3 but also an approximation. Even small rounding errors would disrupt a banking system.
Storing monetary values as integers
To avoid approximations and rounding errors, we can store monetary values as integers.
database-schema.ts
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import { serial, pgTable, integer } from 'drizzle-orm/pg-core'; export const bankAccounts = pgTable('bank_accounts', { id: serial('id').primaryKey(), balance: integer('balance').notNull(), }); export const databaseSchema = { bankAccounts, }; |
However, we must represent the money in the smallest currency unit, such as cents. For example, instead of storing $20.40, we store 2040 cents.
The integer data type stores numbers from -2,147,483,648 to 2,147,483,647. If we want more, we should use the bigint data type instead.
database-schema.ts
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import { serial, pgTable, bigint } from 'drizzle-orm/pg-core'; export const bankAccounts = pgTable('bank_accounts', { id: serial('id').primaryKey(), balance: bigint('balance', { mode: 'bigint', }).notNull(), }); export const databaseSchema = { bankAccounts, }; |
When we set the mode parameter to bigint, the Drizzle ORM uses the BigInt type built into JavaScript.
With the bigint type, we can store numbers from -9,223,372,036,854,775,808 to 9,223,372,036,854,775,807 (over nine quintillion).
The numeric data type
Alternatively, we can use the numeric data type that allows us to store numbers with fractions. However, we must specify how many digits we want to use – using a total of nineteen digits with four after the decimal point is a common solution.
database-schema.ts
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import { serial, pgTable, numeric } from 'drizzle-orm/pg-core'; export const bankAccounts = pgTable('bank_accounts', { id: serial('id').primaryKey(), balance: numeric('balance', { precision: 19, scale: 4 }).notNull(), }); export const databaseSchema = { bankAccounts, }; |
In PostgreSQL, the precision is the total number of digits in the numeric number, and the scale is the count of the digits in the fractional part.
When we fetch the data that uses the numeric type, Drizzle ORM represents the numbers as strings to maintain the precision. If we want to do some operations on them, we can use the decimal.js library.
The money data type
PostgreSQL also supports the MONEY data type. However, it’s heavily discouraged, and the Drizzle ORM does not support it. Its formatting and decimal precision depend on the locale settings of our database. If we migrate our data across databases with different locales, the representation and the behavior of the values stored using this type can change.
Summary
In this article, we learned how to store the monetary values using PostgreSQL and the Drizzle ORM. To understand why we shouldn’t use the floating-point data types, we had to learn about how they are stored in the binary format. We also discussed the MONEY data type built into PostgreSQL and why it is discouraged. As an alternative, we looked into more reliable options, such as using integers or the numeric data type. With them, we can store the monetary values safely without worrying about approximations and rounding errors.