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Instead of an early retirement, some people opt for a mini-retirement. (Pictured: Dinah Chutz)

Forget early retirement — people who saved enough money to travel for weeks or years say a ‘mini-retirement’ is just as rewarding

Early retirement isn't always feasible — more people are taking mini-retirements instead. Pick up savings tips for a mini-retirement of your own.

An American family who moved to Nicaragua for a year to live cheaply ended up blowing their $30,000 budget thanks to unexpected costs — but stil...

Mark and Amanda Tew and their four children took a yearlong mini-retirement in Nicaragua after paying off debt and building an emergency fund.
I considered opening a CD but ultimately decided to get a high-yield savings account from online bank Ally instead. The author is not pictured.

I thought I’d open a CD to save up my down payment, but after doing my research I chose an Ally high-yield savings account to earn 20 times more...

They weren't sure when they'd need the money and they wanted to keep contributing, so they chose a flexible Ally high-yield savings account over a CD.
There's no telling what you'll want or need money for later.

The best way to save money for the future, even if you don’t know what you’re saving for

You don't need a specific goal to save money for, says a financial planner. Put any extra cash in a brokerage account — you'll thank yourself later.
A CD can be a good place to store money you don't need immediately.

Here’s exactly how to decide if you should put money in a CD

A CD, or certificate of deposit, is an FDIC-insured savings instrument that provides a safe, secure option to store savings you need in the future.
Many Gen Xers who expect to retire before age 75 are behind on their retirement savings.

A wealth manager says Gen Xers should focus on a 2-part strategy to retire on time

Wealth manager Megan Gorman recommends Gen Xers who are falling behind save in a retirement plan and contribute to a health savings account.
A high-yield savings account is a good place to keep money you might need quickly, but still want to grow.

I’m a former bank manager. Here’s where I told my sister to put her savings in order to earn up to 200 times more.

They put her emergency fund in high-yield savings at an online bank, where earns interest of 2% or more — about 200 times what she'd been earning.
Giving up coffee isn't the key to saving more money.

Forget coffee and avocado toast — most people blow nearly 40% of their money in the same place

To save more money, you have to cut back in the areas where you're spending the most.

I’m a financial planner — here’s what I tell people who ask if they’re saving enough money

Most savings advice is well-intentioned, but there's a disconnect between advisers and advisees.
Ignore these money tips and you'll regret it.

13 pieces of money advice you can’t afford to ignore

The best money advice is often the simplest. Here are tips from financial planners and bestselling authors that you can't afford to ignore.