The 15-Minute Weekly Money Review Checklist
The 15-Minute Weekly Money Review Checklist
The 15-Minute Weekly Money Review Checklist
Most business owners avoid reviewing their finances because it feels overwhelming — but it doesn’t have to be.
A focused 15-minute weekly review is enough to stay on top of your money, avoid surprises, and make smart decisions throughout the month.
Here’s a simple routine you can use every week, even during your busiest seasons.
Set a Timer for 15 Minutes
The time limit matters.
It keeps you focused so you get in, get it done and move on.
1. Check Your Bank Balance & Recent Transactions (2 minutes)
Look for:
anything unusual
any surprise fees
duplicate charges
drafts or subscriptions you forgot about
You’re just scanning — not categorizing.
This builds awareness without overwhelm.
2. Review Your Receivables (A/R) — Who Owes You Money? (3 minutes)
Check:
outstanding invoices
overdue payments
clients you need to follow up with
Cash flow improves instantly when you stay on top of A/R.
3. Review Your Payables (A/P) — What Do You Owe? (2 minutes)
Look for:
upcoming bills
due dates
tax payments
payroll
vendor invoices
This helps you plan cash flow for the upcoming week.
4. Skim Your Profit & Loss Statement (3 minutes)
You don’t need a deep dive — look at:
revenue compared to last week
total expenses
anything that looks out of place
net profit trend
Even a quick glance keeps you grounded.
5. Update or Categorize Transactions (2 minutes)
If you use QuickBooks, Wave, or similar software:
accept the easy categorizations
fix incorrect ones
leave tricky ones for month-end if needed
This prevents massive backlogs later.
6. Identify One Financial Priority for the Week (1 minute)
Examples:
send overdue invoices
follow up on late payments
cancel a subscription
review contractor hours
raise price for a service
move money to savings or taxes
One focused action > ten vague intentions.
What This 15-Minute Review Helps You Avoid
surprise bills
cash-flow shortages
missed tax deadlines
neglected invoices
overspending
financial anxiety
Consistency beats intensity — every time.
Final Thoughts
A weekly money review doesn’t have to take hours. With a simple checklist and a 15-minute timer, you can stay organized, reduce stress, and keep your business finances in strong shape all year long.
If you want a customized weekly or monthly financial routine built around your business, let’s connect and set up a workflow that saves time and strengthens your financial foundation.
The Money-Smart Business Blog provides educational content designed to help small business owners make informed decisions. This content is not tax, legal, or financial advice and should not be used as a substitute for personalized guidance. Always consult with a licensed professional before taking action based on this information.
