Well being in debt isn't nessisarily a bad thing as long as you use the money to work for you. I borrowed $20,000 on my credit card to start a buisness with. I'm only paying 2.99% on it, which is less then rate of inflation, so in theory, the longer time goes on, the less and less that debt is. Plus with savings rates as high as 5%, you can just borrow the money and put it your savings account which is what I did also.

I borrowed 20k, used 10k to start a buissness, and put the remaining 10k in my savings. Now at 5%, my savings is generating about $40 a month in interest. 2.99% of 20k comes out to about $50 a month in interest, so i'm only paying the difference. So I basically got a $20k loan for 1/2% interest rate.