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Saving money and paying off debts can be difficult, but cutting back on day to day expenses makes the process easier. Implementing one or two ideas is all that's needed to get you started on the path to better banking. And you'll be rewarded with more money in your pocket at the end of the day. Here are a few simple tips that will help you get more of your money in the bank and working for you.

1. Avoid the lottery
Winning millions is a nice dream, but the chances are extremely slim. Instead of attempting to win the jackpot each week, invest that money and earn interest on it. Over 30 years you'll have built up a sizable jackpot for yourself.

2. Review your vacations
Taking an extravagant vacation more than once a year starts to add up fast. Plan ahead, especially if you have many people going on vacation with you.

3. Old fashioned music
Music is everywhere, and convenient to purchase online. But you can easily spend a lot of money on songs you may not listen to regularly. Try listening to the radio, or if you want to stay digital, look into the multitude of free online radio stations broadcasting all your favorite genres and songs for free.

4. Working out
Gym memberships are expensive, and you must be honest about its worth. If you're not getting any value out of it, take a walk outside; explore your neighborhood or a local park.

5. Luxury drinks
When winding down in the evening, a glass of wine feels like it helps. But even if you limit the wine to just 2 nights a week, make sure the cost over a year is worth the feeling.

6. Pack a lunch
Eating out is expensive, and your local sandwich deli is charging twice as much as it costs to make a sandwich at home. You'll also be eating healthier and saving money at the same time.

7. Watch the home improvements
Improving your home is a favorite activity of many home owners, but expenses add up fast. So unless you're adding considerable value to your home, your time and money may be better spent on gardening or growing your own healthy foods.

8. Credit cards
Credit cards make impulse buying easier. Watch what you spend your money on, especially if there are fees associated with charging big ticket items to your card.

9. Give up coffee
For a cup of coffee every day before work, you could easily spend more than $800 a year. Try a less expensive beverage, or look to alternatives for that morning caffeine rush.

10. Cut back on TV
If you don't watch TV very much, there's no need to pay for it. A monthly cable bill for more than what you need is not necessary. Especially with a solid internet connection, there are plenty of other ways to relax, both online and offline.

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