Meaning of the word "carve out time" in English

What does "carve out time" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

carve out time

US /kɑrv aʊt taɪm/
UK /kɑrv aʊt taɪm/

Idiom

to make time for something or someone, especially when you are busy

Example:
I need to carve out time for my hobbies, even with my busy schedule.
She always manages to carve out time for her family.