I know so many folks deeply underwater because they "floated" on credit card debt during lean times. I've been there, even, when I started my first company I en

I know so many folks deeply underwater because they "floated" on credit card debt during lean times. I've been there, even, when I started my first company I ended up racking up tens of thousands of dollars worth of credit card debt, before finding a profitable niche (several years later than I expected...when I quit my first job I had $$36,000 in savings, which at ~25 seemed like a lot of money). It's pretty dangerous to carry credit card debt, because it is so expensive to carry. Lots of folks get into the minimum payment trap, and the debt just keeps growing.