--- title: Announcing the Necessity Level Field description: Forecast how much a user has available to spend after taking into account obligatory and essential expenses, which are labeled by the Necessity Level field. --- [Skip to content](https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field#main-content) Pave Financial, Inc. Open main navigation Close main navigation - [Contact us](https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field#contact) [Contact us](https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field#contact) Sep 8, 2022 1:55:00 AM # Announcing the Necessity Level Field [Julia Puzzo](https://hs.pavefi.com/pave-blog/author/julia-puzzo) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field) [Twitter icon](https://twitter.com/intent/tweet?url=https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field) [envelope icon](mailto:?body=https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field) We’re excited to announce that we’ve added a “Necessity Level” field, which provides an identifier that indicates the level of necessity for a purchase of a product or service. The field has been introduced in the *recurring\_expenditures*, *ritual\_expenses*, *recurring\_outflows*, and *other\_outflows* endpoints. A transaction or set of transactions can be labeled as one of the following: - **Obligatory**: Bills that are due and have consequences if they are not paid (eg. loan payments, utility payments, rent) - **Essential**: Not a bill, but expenses that are vital to a person’s livelihood (eg. groceries, gas) - **Nonessential**: Any purchase that is optional (eg. restaurants, entertainment) ### Use Cases - Forecast how much a user has available to spend after taking into account obligatory and essential expenses - Help users create and manage budgets based on how much they usually spend on obligatory, essential, and non-essential expenses - Utilize these identifiers in your risk model [Product Features](https://hs.pavefi.com/pave-blog/tag/product-features), [cashflow insights](https://hs.pavefi.com/pave-blog/tag/cashflow-insights) ## Related posts [![](https://hs.pavefi.com/hs-fs/hubfs/Imported_Blog_Media/Scoring-Light-Oct-17-2024-09-29-53-5125-PM.png?height=200&name=Scoring-Light-Oct-17-2024-09-29-53-5125-PM.png)](https://hs.pavefi.com/pave-blog/blog/unlock-high-potential-leads-with-the-smb-lead-scoring-dashboard) [Product Features](https://hs.pavefi.com/pave-blog/tag/product-features), [equitable finance](https://hs.pavefi.com/pave-blog/tag/equitable-finance), [fintech](https://hs.pavefi.com/pave-blog/tag/fintech), [business financing](https://hs.pavefi.com/pave-blog/tag/business-financing), [cashflow insights](https://hs.pavefi.com/pave-blog/tag/cashflow-insights) ## [Unlock High-Potential Leads with the SMB Lead Scoring Dashboard](https://hs.pavefi.com/pave-blog/blog/unlock-high-potential-leads-with-the-smb-lead-scoring-dashboard) [Amelia Chikota](https://hs.pavefi.com/pave-blog/author/amelia-chikota) Jun 4, 2024 7:32:52 AM We’re excited to unveil our new Lead Scoring Dashboard, designed to help small business lenders... [Read more](https://hs.pavefi.com/pave-blog/blog/unlock-high-potential-leads-with-the-smb-lead-scoring-dashboard) [Product Features](https://hs.pavefi.com/pave-blog/tag/product-features), [cashflow insights](https://hs.pavefi.com/pave-blog/tag/cashflow-insights) ## [Announcing the User Labels Endpoint](https://hs.pavefi.com/pave-blog/blog/announcing-the-user-labels-endpoint) [Admin](https://hs.pavefi.com/pave-blog/author/admin) Dec 13, 2022 7:58:29 AM We’ve released our User Labels endpoint. The User Labels endpoint allows you to assign labels to a... [Read more](https://hs.pavefi.com/pave-blog/blog/announcing-the-user-labels-endpoint) [Product Features](https://hs.pavefi.com/pave-blog/tag/product-features), [debt consolidation](https://hs.pavefi.com/pave-blog/tag/debt-consolidation) ## [Forecast Debt Payoff Scenarios with the Liabilities Dashboard](https://hs.pavefi.com/pave-blog/blog/forecast-debt-payoff-scenarios-with-the-liabilities-dashboard) [Julia Puzzo](https://hs.pavefi.com/pave-blog/author/julia-puzzo) May 17, 2023 8:40:00 AM Following the release of our Liabilities Endpoint, we’ve launched a Liabilities Dashboard that... [Read more](https://hs.pavefi.com/pave-blog/blog/forecast-debt-payoff-scenarios-with-the-liabilities-dashboard) facebook-f icon linkedin-in icon Twitter icon instagram icon - Menu Item 1 - Sub-menu Item 1 - Another Item - Sub-menu Item 2 - Menu Item 2 - Yet Another Item - Menu Item 3 - Menu Item 4 --- # Pave Financial, Inc. 123 Main Street, City, State 11111 Copyright © 2026, Pave Financial, Inc ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Julia Puzzo", "url" : "https://hs.pavefi.com/pave-blog/author/julia-puzzo" }, "dateModified" : "2024-10-17T21:32:34.371Z", "datePublished" : "2022-09-08T08:55:00.000Z", "headline" : "Announcing the Necessity Level Field", "mainEntityOfPage" : { "@id" : "https://hs.pavefi.com/pave-blog/blog/using-the-necessity-level-field", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://hs.pavefi.com/hubfs/PaveLogo-t.png" }, "name" : "Pave Financial, Inc" } } ```