Originally Posted by Prince300
What if already you have some debt going on, do you pay it off 1st then start saving or you save while paying it off?
I'm no expert... but if it were me I'd likely pay off the debt first. I rack-n-stack the debt payoff by the following:
First, what type of debt? credit cards? students loans? etc
Second, what is the interest rate(s)? I'd pay off the highest interest rate first
Third, start saving money once you have your debt under control, and don't start getting back into debt once you've climbed out.