May 27, 2016 Finding a transaction in your budget with keyword search
Money Saving and Budgeting Blog

How do I backup my QMR data?

Wondering how to backup your budget? Anyone who ever experienced a data loss knows how frustrating it can be. “Better safe than sorry”, don’t you agree? We thought that most of you would be happy to learn how to backup your QMR data so we listed a few options below.


I keep my data safe in the Cloud 

QMR provides dedicated cloud storage space to save and sync automatically all your expense data between all your registered devices. Your data will be automatically backed up up each time you make a new entry or when you start the app. If you need more reassurance, just press the circling arrows on QMR’s main screen. The cloud backup is available with a subscription plan which can be paid yearly or monthly. Learn more here.

Manual Backup in Dropbox/GoogleDrive/Evernote

If you prefer using your personal file sharing account, you can backup your data on your personal Dropbox/Evernote or Google Drive account. Please kindly note that you can’t restore saved data files on an Android device.

Manual Backup by email

You can choose to save your expense data via email. Please refer to this blog post to read the steps in detail. Just keep in mind that exporting the file with pictures may not be possible due to file size limitations imposed by your email service provider. The file is already compressed in a zip file but make sure you backup your data regularly so you don’t end up with a file the size of an elephant!

The three backup methods described above are all available via subscription or in app purchase. We endeavor to update Quick Money Recorder regularly and to answer users’requests. You will also ALWAYS receive a reply from us if you have a feedback or problem.


You still have the option to backup your QMR in ios or to proceed to a manual backup in Android. We just cannot guarantee the backup with these methods but we’ll always do our best to assist you!


Introducing QMR’s New Settings Menu

If you have been using QMR for some time you may have noticed that we revamped our menu settings to make it clearer and easier to use. The menu is divided in expandable categories and includes short description of each sub sections.


General Settings: select the currency, language and general customization options

You can choose between 114 international currencies and 6 languages for your QMR application. We also let you set the tax rate which is especially important for small business owners and the order of the expense entries in “List”. If you wish to protect your budgeting data from curious eyes, you can set a passcode to open the app. Don’t worry if you forget your password, we made the reset process easy! The automatic reminder gives you the option to receive a push notification with your budget balance at a chosen time everyday.

Totals/Records Settings: choose what you want to record and set your budget

Not everyone’s budget follows the same patterns and we wanted to give you a lot of customization options. Tired of entering recurrent expense or income? QMR will display monthly recurrent income and expense for you! You can enter your utility bills or salary and choose the date when the transaction is settled.

You can also customize and record the payment method, the shop name and labels. To activate the option, just switch the toggle next to it. You can enter up to different shop names and labels.

Display Settings: what do you want to see?

Each option is pretty self explanatory but we added the option to choose the number of icons to display on the home screen. You may also wonder what is the “opportunity to win” option. We want to encourage our users in tracking their spending so we award you points that you can use to win Amazon gift vouchers! Want to know more? Check our blog post here.

Data: backup, export and sync

You can log into your cloud account, backup your expense entries or export your data in excel. The cloud sync feature enable all your spending and budget data automatic synchronization between all your devices. You need to subscribe to use this feature but we are currently offering a discounted yearly plan with almost 50% off.

Membership: buy a subscription plan or restore some premium features

Recently bought a new smartphone? Use your subscription log in details to restore all the premium features on your new device.

Problem or question? Send us your feedback in no time!

You can automatically send us your QMR’s data or questions if you experience any issue. You also have the possibility to write a review about QMR which will be displayed in the app store. We always love to hear from you!


Japan Fintech: QMR team joined MUFG fintech accelerator



What is Fintech and what about Fintech in Japan?

If you are familiar with new technologies, you must have heard of fintech. For those who still have no clue, fintech refers to startups using innovative technology in order to make financial services more efficient. Fintech companies disrupt traditional banking with services such as mobile payments, cryptocurrency or investment. Japan, with the 2nd largest financial market in the world, is now actively looking at fostering this industry. Japan’s financial services are traditionally heavily regulated but the Japanese government has been lifting rules on investment n Fintech.

The team behind Quick Money Recorder will learn from the best!

MUFG, Japan’s biggest bank, launched at the beginning of the year an innovation lab both in Tokyo and Silicon Valley to develop innovative fintech solutions using MUFG’s resources. Besides its own research, MUFG went on a quest to select innovative Japanese fintech startup for its accelerator program. The team behind QMR has the honour to be one of the 5 startups selected for this 4 months intensive program where we will receive industry experts’ feedbacks and mentoring. It is also an incredible opportunity for QMR’s team to meet and exchange with big players in the financial industries.

Let’s work hard!

QMR’s team would like to thank MUFG for choosing us and for its support. We would also like to thank our users who made the growth of QMR possible. Your support and feedbacks are essential to us to improve our app. Don’t hesitate to get in touch by email!

Spring cleaning and Budget Decluttering


With spring around the corner, you may be looking forward to spending more time outdoor and switching to a spring wardrobe. If you’re an adept of Spring cleaning, we bet you are also good at managing your budget. If you don’t feel it’s your case, here are how the arts of cleaning up and budgeting are linked.

Spring cleaning and budgeting are not natural

Let’s take two homes. One is clean, organized and the space not crowded with things. The second one is messy and crowded with things. You can be sure that the first home owners have the same organization and discipline with their budget while those at the second home have more chances to be in financial trouble. The good news is there is no fate. Actually cleaning your home efficiently and keeping a good budget can be learnt. They even share some basic principles.

Organization and efforts are the key to cleaning and budgeting

If you need some help to start, we think that the bestseller The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing is an interesting read. Even if we can doubt the concept of thanking objects for the joy they give us, the idea of keeping only items that bring us joy is interesting. It teaches us to focus on the essentials and to separate ourselves from the rest. The author explains the art of categorization and that each item has its place in our home. If we apply this methodology to budgeting, we should evaluate each spending we make and evaluate what it brings to our life. If we only focus on what we need, we can eliminate unnecessary expenses and save. Also organizing expenses by category is an essential tip to keep our budget organized.

Objects and spending often have an emotional meaning

The emotional attachment we have for objects is one of the reasons why people have such a hard time decluttering their homes. For example, it can be hard to throw away a dress we wore for big occasions even if it is now a bit too small. Spending money can also become highly emotional, some of us make purchases to cheer themselves up or to fight boredom. This behavior doesn’t help keeping a balanced budget, as for the need of disconnecting ourselves from objects when decluttering, we need to separate our emotions from spending.

Start the decluttering process now

Successful decluttering and budgeting need the right mindset and a lot of efforts at the beginning. Trimming down the unnecessary and categorizing are keys. So start with sorting the objects you don’t need and give them a new life by selling them on an ecommerce website or by donating to charity. Then note down your spending to analyze where you can save. Putting some order feels very liberating.

Need some tips to start your first budget? Take a look at this article.

Now save and transfer your budget by Email with QMR

The developers working on Quick Money Recorder (QMR) used their coding magic to offer new features to our money conscious users.

This post will introduce how to backup your QMR’s data by email

Find the Data Backup options in QMR’s Settings

From QMR’s settings, you can find all backup options in the “Data” section

Quick Money Recorder

Quick Money Recorder

You will then see the Data Backup sub menu on the next screen (left)

The next screen will show you all the options for data backup (right)


Quick Money Recorder


The next screen will show you all the options for data backup

Win Amazon Gift cards with Quick Money Recorder

Did you know Quick Money Recorder gives away 5 gift cards each month to reward its most diligent users? Do you want to be among one of the lucky winners? Follow the guide below.

Step 1: Register to The Smart Budgeter Instant Reward Scheme


Go into Quick Money Recorder’s settings and scroll down to Customize. Make sure that the “Opportunity to Win” option is switched on otherwise you won’t be able to earn points. You now need to register to the Reward Scheme. Select “Apply Now!”  to access the registration page.


Love and Money, the Big Affair

With Valentine’s day around the corner, you surely had a look at some gift recommendations or date ideas. If you are  interested in both love and money then some articles or blog posts may harm your romantic spirit.


Money matters in the success of your love story

A survey carried by Credit Savvy, an Australian consumer advocate website, showed that 57% of respondents would break up with their partner if he/she was in a delicate financial situation. The majority of people surveyed also considered that their partner’s financial situation was important in their relationship. Another study by Citibank showed that 78% of American currently in a relationship give more importance to how diligent their partner is with his money rather than his look. It seems like that unconditional love does not survive to the budgeting and money management reality check.

Less sweet talks and more Money conversations

Unfortunately, money related issues are often a reason of fights between partners. Especially if they have not shared their core views about budgeting and money management before going further in the relationship. Marriage is a partnership that also includes how to deal with the household finances. Do you share the same money values? You may be comfortable treating yourself to luxury vacations whereas your partner would rather save the money for a home deposit. Will you share responsibilities in financial decisions making? Will your partner take care of all financial investment decisions and you look only after the household budget? Before moving in together, have you already decided how you are going to split the expenses and if you want to open a joint account?

The little hints to check your financial compatibility

You do not need to tackle the sensitive financial question straight after your first date. Actually you can learn a lot just by meeting and discussing about your life. Your potential future partner’s past and has shaped a lot of his/her vision of money. A person who grew up in a privileged environment may not feel comfortable splashing money on expensive clothes if he/she has always been taught that money requires efforts. If your date never pays the full bill, you can’t expect this to change in the future. Everyone has different priorities in life and in what they use their money for. Make sure you are always on the same page so it doesn’t come as a reason for breakup.

Do not forget budgeting and personal finance wisdom

Knowing the structure of your household’s finance and keeping records is important. Especially if, God forbid, your relationship goes wrong. A breakup is already painful in itself and is even more difficult to deal with when you fight about money. Make sure you know who paid for what and how things work, it will spare you a lot of headaches if you split up.

These are just things to bear in mind to preserve your relationship in the long-term. For those who prepared a special something for their significant other, we wish you a very happy Valentine’s day full of romanticism. Money talks can wait a bit.


Choosing Your Budgeting Style


Are you already feeling anxious only at the view of the picture above? Does it echo your personal budgeting experience? Or is the simple fact of putting a budget together giving you nightmares? Don’t worry, you’re not alone. And actually we have good news for you, there are many budgeting styles and strategies available to you. Let’s have a look at which methods you can follow and why.

I don’t have money, budgeting is not for me

Sorry but you’re totally wrong there. It’s actually because you  have a limited amount of money that you REALLY should start budgeting. The ultra wealthy may have a financial adviser looking after their investments but they don’t budget. They just spend when they feel like to because they can. Yes it’s unfair but you lose time thinking that way. In fact, budgeting helps making your time and money use more efficient. You may also think that budgeting is boring and involves a lot of calculation and math skills. Wrong again. I am not saying that it will be super easy at the beginning but once you find  out the method that suits you, it will become like a second nature. And you will get regular rewards and a feeling of accomplishment when your money is on track.

Here is a selection of budgeting styles:

The Reverse Budgeting Style

Pretty easy, you decide the amount of money you can take off from your paycheck each month and put it on a separate saving account. This method is great if you have a definite project such as saving xx$ for traveling the world for one year. But it may not be ideal if your budget is a bit more complicated to manage. You won’t also get much insight about what you’re spending and on what and definitely no global vision of your budget.

The Envelop Budgeting

With this method, you only use cash and assign a definite amount to each budget category. If an envelops gets empty, you will have to take from another one to top it up. Again simple and straightforward, maybe too much actually. When your budget gets a bit more complicated it may not be that simple to manage.

The 50/20/30 & co budgeting

Some personal finance gurus come up with pre made ratios dividing your money into fixed cost, financial goals and flexible lending. Another way to call it is 50% for the need, 30% for the want and 20% on saving goals and debt repayment. The approach of the need and want is pretty interesting. Of course you need to pay your rent if you don’t want to end up on a friend’s sofa. But you don’t absolutely need to buy the coat you saw last week. Sure it would be nice because it’s new and fashionable but your coat from last year can still do the job. The philosophy is good because it makes you think but the rule is too rigid. When you begin your career you may not be able to save as much as when you will get your first bonus. It’s great to have a general rule but when it may be difficult to stick to it when your personal situation changes or when you have to face an unexpected spending.

The Money Tracking Method

Some people prefer tracking and recording their expense down to the last cent. You don’t have to be that detailed but I personally like this method as it enables to quickly spot where I overspend. Information calls for quick action, you’re now able to think about ways to change the way you spend your money. One year I didn’t have enough money to join my friends on a weekend trip. Then after looking at my bank statements and receipts, I found out that I spent almost $2000 a year for the lunch I buy at the shop next door everyday. I could afford it but I want to do other things with my money. So I decided to cut down to twice a week and take my homemade lunch to the office. Tracking is great but then you need to be able to understand quickly where your money went. You can do that with excel but entering data may be a bit time consuming. That’s when mobile apps such as Quick Money Recorder becomes handy.

To conclude…

There are other methods for budgeting that weren’t covered here. The most important is to find the best for you. As your budget and goals change with time make sure you review your budgeting method regularly. You may think it’s time to switch method when your family gets bigger. Or if you are going through a hard financial time, you may decide to combine the envelop and tracking methods. Yes budgeting may sound hard but I was able to join my friends on a weekend trip the year after and I had a great time. Putting a bit of effort into budgeting was definitely worth it!

Interested in budgeting? Look at what you may have to consider for your budget as time goes by.




Millennials and Money: What’s the Big Deal?


I don’t know about you but I have seen a lot of articles lately about Millennials or generation Y and their relationship with money and personal finance. Actually, you will read a lot of articles focusing on the people born between 1982 and 1993 because they are participating in reshaping society’s values. Let’s see what we can learn from their vision of money management.

Millennials Save…but for what?

Maybe because of the economic uncertainty, millennials save more money than previous generations. That may be a good thing but according to a Facebook survey, they don’t really have a financial plan or really know what they are saving for. It’s a good thing to save money but the key is to save efficiently by having goals and invest accordingly. At least, millennials are less likely to build debt when an unexpected expense arises.

Millennials Talk About Money but don’t feel understood

According to a new survey by Ally Bank, Millenials talk about their money more openly than previous generations. They even consider they learnt most of their personal finance knowledge from their parents. However, the Facebook survey showed that almost half of them don’t think their financial institution answers their needs adequately. It is likely that Millennials will change the face of banking. Many of them manage their money online showing the need for user friendly mobile applications and internet websites.

Millennials still lack knowledge in money management

If we consider the number of personal finance blogs, money management courses that flourished the past few years, we can clearly see the need of financial education. Marketing retailers put a lot of focus on getting millennials’money out of their wallet. Because of poor financial knowledge and money management, some millennial personal finance bloggers started a budgeting revolution. Others were just feeling lost about how they managed their money in the most efficient way. They decided to share their positive experience and some of them have an impressive number of readers.

You will find below a non exhaustive list of personal finance blogs targeted to Millennials:

Broke Millennial 

The Empowered Dollar

Budgets Are Sexy

Afford Anything

Broke Millennial

Making Sense Of Cents

Frugal Rules

Millennials are also avid smartphone users when shopping and they are very tech savvy. We hope that some will have chosen a budgeting and personal finance mobile app like QMR 😉 to help them tracking their money and manage their budget.

Liked this blog post? Maybe you will also like this blog post about what you should pay attention to at some critical stages of your life.




An aging budget

You need a plan to achieve your goals. A budget is part of your strategy to achieve your goals. Like it or not, whatever you want to do in your life you will need money at one point. The way you plan to allocate your money (or the lack of planning) tells a lot about you. Let’s consider what you need to consider for your budget at each stage of your life.


The student budget

Starting university or college is often the time when people feel the need to monitor their money. Generally, students have limited resources and struggle to make ends meet. They may not have a formal budget but they keep their focus on not spending too much. Limiting expenses is great but makes no sense if you don’t track where you spend. They would surely benefit from drawing a more structured budget especially if they don’t have money to waste. Realizing that you spend a lot on eating out can drive you into changing your habits and making plans to use your wallet more efficiently. This not only helps saving money but also helps managing your level of stress!

The single young worker budget

Did you feel overwhelmed when you received your first paycheck? Do you remember what you did with it? People who invest time in budgeting can end up richer compared to those who have a better income and splurge. The first salary doesn’t often give a lot of flexibility but budgeting is always the right strategy. You may feel jealous of people who party 3 times a week but you’ll feel luckier finishing paying off your student loan. You may choose to continue living with your family in order to save for a flat deposit or to build your own savings. At this stage, too few people really think about what they want to do with their money and what their life goals are. It is never too early to start thinking about money and to learn. It is also much easier to recover from a financial mistake early in life. Start educating yourself about investment and start building and managing an emergency fund, just in case.

The young people budget

Another big budgeting revolution. It was already hard to set a budget on your own but now that you have a partner you need to consider a few things. Avoiding the money question can be quite dangerous for your relationship.How do you split spending? Will you open a joint account? If you want to spend your life together, shouldn’t you start saving towards a home deposit? All these questions need to be addressed so you’re sure you’re both looking in the same direction.

The mid age budget

Thanks to your hard work, you may have a better salary compared to the beginning of your career. That’s great but you have more things to consider for your budget. What about retirement? How much do you think you will need and what type of lifestyle will you have? You may also have started a family. Now your budget needs to include more people and some of them are totally dependent on you. You may need to review your saving tactics and investment at this stage. It’s now crucial to do long term budgeting and consider saving for your child’s education while still making sure you still have enough cash available just in case something happens.

The later age budget

If you have been budgeting and planning thoroughly from a young age, you shouldn’t be in too much trouble. One big change to consider is the impact of healthcare costs on your budget. This is a big challenge and a serious thing to consider as you get older. How will you finance the healthcare costs when you become dependent? Make sure you can afford a decent life standard that you feel comfortable with.

This blog post simplifies things a lot but tries to raise important issues related to budget. Budgeting can seem daunting but by planning and forecasting actually gives you more control and the freedom to make the choices in your life. If you’re new to budgeting check this blog post to get you started!