Can you really make savings when you are indebted at the same time?

[Stardom22]

For me l really don't have any idea about the ability to make regular savings while being indebted for sure. Which is which?

 

[Augusta]

Yes, Dedicate all extra money to debt repayment though it might mean missing out on potential investment gains or other opportunities.

 

[Springtime]

If you have debts, clear them first. Then when you earn money, you can save.

 

[eLdavis]

Yes it's possible but you would have to make a lot of sacrifices, let go of somethings and focus on clearing the debts so you can fully commit to saving.

 

[Augusta]

Set up automatic transfers to ensure you're making at least the minimum payments on time and consider automating extra payments towards your prioritized debts.