7 ways to save on everyday expenses

John McRory saved hundreds of dollars on his son Mike's car insurance.

• Create a budget (and stick to it)

John McRory
Age: 57

With my boys away at college, I contacted my car insurance company and I asked the agent what the rates were in Albany, where my sons go to school. The auto insurance rates were much cheaper than here where I lived, so I explained that they had their cars there nine months out of the year and they got a lower rate. They each saved a few hundred dollars that way.

NEXT: A faster way to donate money