Here's are 16 small things you can do right now to improve your overall financial health. Once you have that number, organize your budget in order of financial priorities: essential living expenses, contributions to retirement savings, repaying debt, and any entertainment or lifestyle costs. Increase your retirement saving rate by 1 percentYour retirement savings and saving rate are the most important determinants of your overall financial success. Open an IRAAn IRA is an easy and accessible retirement savings vehicle that anyone with earned income can access (although you can't contribute to a traditional IRA past age 70½). Try trimming some of your lifestyle expenses for just one month to cushion your checking or savings account.