QMR doesn’t only track your spending but also helps you maintain a budget!

QMR doesn’t only track your spending but also helps you maintain a budget!

After listening to what Quick Money Recorder users had to say, we found out that some of them didn’t know about the budget feature. You should already know that QMR is great to record the money you spend and categorize it in categories. Now the second step for your financial health is to create a budget. We will explain how to do this in QMR.

Where do I enter the total budget amount?

Launch Quick Money Recorder and go into “Settings” and select the “Totals/Record Settings”section.

On the next screen, select “Balance and Budget”.

general_settings_total_budget

STEP ONE: Settings>                    Totals/Record Settings

Totals_records_settings

 STEP TWO: Select                         Balance and Budget

 

 

 

 

 

 

 

 

 

 

 

 

balance and budget setting

STEP THREE: Make sure the toggle next to “Total Budget” is on and select “Total Budget Setting”

Total_budget

STEP FOUR: Select the Total Budget and enter your chosen amount

 

 

 

 

 

 

 

 

OK done but what changed?

list_with_total_budget

Now you will see how much money you have left on your budget after expenses both in list and graph

 

 

 

 

 

 

 

 

 

 

 

 

 

How do I know which amount to set?

That’s the $10000 question… A budget is a very personal matter and you need to perform a wallet audit before you can decide of how you wish to spend your money. We wrote this blog post to guide you. In the meantime we wish you happy money tracking and budgeting!

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