There is a certain lure that the Lottery brings. The jackpots are so large, maybe, just maybe, I'll win some of it. But what happens more often than not is you don't win a thing, and worst, have just wasted your dollar. If you play regularly, you've probably lost a lot of dollars along the way, which far exceeds any modest win you may experience.

So, next time you feel like playing the lottery you need to pay yourself first and put that dollar into a savings account. Imagine if you transferred one dollar a day into your savings account -- you would have an extra $365 in savings at the end of the year. And the best part is you probably won't even miss that dollar.

Even if you don't play the lottery this is good practice. And if you don't want to do it every day, you can deposit $7 per week, or $14 every two weeks, depending on when you get paid. It will pay off in the long run!