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5 tricks to sweeten your savings a little at a time

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Long-term saving, not for retirement
Long-term saving, not for retirement | bbernard/Shutterstock.com

Long-term saving, not for retirement

If you're saving for another long-term purpose other than retirement, Rosenfeld suggests a certificate of deposit or a separate money market account or savings account, primarily to compartmentalize the money so you don't spend it.

Shop Bankrate today for the best high-yield CD rates.

Sweeney says savers who make regular contributions on a weekly or biweekly basis toward their long-term goals can avoid the pain of having to come up with a large sum at the end of each month or year.

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