Floating point can’t hold a cent. BigDecimal can, until commonMain.

1. 1Choose a data type to store money, such as Float or Double
2. 2Use BigDecimal for precise calculations, considering its limitations in commonMain
3. 3Implement a custom solution using integers to represent monetary values
4. 4Test and validate the chosen approach for accuracy and reliability
5. 5Consider the trade-offs between precision, performance, and complexity when selecting a method

Software engineers and developers working on financial applications in Kotlin Multiplatform will benefit from understanding the best practices for storing monetary values, and team leads should be aware of the potential pitfalls of using BigDecimal in commonMain

💡 BigDecimal is not a reliable choice for storing money in commonMain due to its limitations, and a custom solution using integers may be necessary for precise calculations

💡 Did you know that floating point can't accurately store a cent? Learn how to store money in Kotlin Multiplatform using BigDecimal and other methods