The best way to improve your money management skills is to consider tracking your spending and budgeting. By tracking your spending, you can potentially hold yourself accountable for the choices you make. And you can easily identify where you're overspending so you can make cuts. By making a budget, you can allocate your dollars in a way that matches your values. You could build your budget around short-term savings goals and your long-term financial plan, ensuring you're investing money for retirement, as well as saving for big purchases.