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Imagine yourself with $100,000 worth of credit card debt. How do you think life will go on from now? For a minimum wage worker who earns $7.25 an hour, it is equivalent to more than 13,793 hours of work. Of course, you will not put all your money into paying off this amount of debt so it would probably take the rest of your life to get out of debt. This scenario is not unlikely to happen because according to MarketWatch.com, a lot of people have increased their spending without really paying their credit card bills regularly. We all know that these cards are notorious for their high-interest rates. If you cannot pay off your credit card balance, you might end up accumulating a hundred thousand on your card. In fact, the data provided in the articles revealed that our combined credit card debt is about to reach $1 trillion by the end of 2016. At least, this will come to pass unless we try to do something about our credit card bills. But what can you do to pay off such a huge amount of debt? What do you own that can possibly help you pay this off? Well, a lot of Americans own their house and it should have an equity of at least $100,000, right? Why not use this to pay off your credit card debt? You can sell it, move to a small house that costs $100,000 less and you can be free from your credit card debt. While it might be logical to do so, your emotions might not be ready to make this sacrifice. What if your home has a sentimental value? What if you want to keep it for your kids to live in someday?