How to do a 15-minute monthly money review
A simple end-of-month routine to see what your month cost, what changed, and what's coming.
By the MonthlyIQ team · Last updated 2026-09-28 · Editorial policy
Key takeaways
- Review once a month, at the same time.
- Look at totals, changes, and what's due next.
- Pick one small action for next month.
Step 1: Total what the month cost
Add up recurring Expenses and flexible spending, leaving out transfers and card payments.
Step 2: Look for changes
Did any bill go up? Did a new subscription appear? Did one category run above your normal?
Step 3: Check what's due next month
Note annual renewals, insurance payments, and anything irregular coming up.
Step 4: Choose one action
Cancel one subscription, adjust one category, or move money to savings. One action is enough.
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General information only, not financial, tax, or legal advice. MonthlyIQ is not a bank or financial adviser.