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Sheet Speed problem

I have a sheet we are using to track payments etc with the layout is simple

First Col is the Colored dots Red/Yellow/Green

Cols 2 to 7 are just plain data 3 are date fields the rest are text

Col 8 has the only formula = TODAY() - [Check Date]1

 

However the issue is the speed of the sheet, it acts very sluggish and the first column is never auto populated by a red dot like I wanted to set up.   How can I improve the speed of this sheet, if it takes to long to load or move through it makes no sense for me to continue using it.

 

 

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