Forbruksovervåkning

Forbruksovervåkning is a Norwegian term that translates to "consumption monitoring" or "spending surveillance." It refers to the practice of tracking and analyzing an individual's or household's spending habits. This can be done for various purposes, including personal financial management, budgeting, or by financial institutions for risk assessment and marketing.

In a personal context, individuals might use budgeting apps, spreadsheets, or simply review bank statements to understand where their money goes. This awareness can help them identify areas for potential savings, avoid overspending, and make informed financial decisions. It's a key component of personal finance and financial literacy.

For financial institutions, forbruksovervåkning can involve analyzing transaction data to understand customer behavior, detect fraudulent activity, or offer tailored financial products and services. This often involves sophisticated data analysis techniques. There are also concerns about privacy when third parties monitor consumption patterns. Regulations like GDPR in Europe aim to protect individuals' data and provide transparency regarding how their consumption information is used. The term can also be used in a broader societal context to discuss patterns of consumer behavior and their economic or environmental implications.