But you don't have to be one of them.
Credit cards are a great way to travel.
They're safer than cash, more convenient than traveler's checks and accepted just about everywhere. And at an average interest rate of, say 17.99 percent, that can turn a summer getaway into a very costly financial ball and chain, according to Keith Leggett, senior economist for the American Bankers Association . What that reflects is a willingness to accept more debt, but it may also be an indicator of people who are going to be more financially stressed. Simply put, we vacation above our means, according to Mike Kidwell, vice president and co-founder of Myvesta.org. Basically, you've got to work a month, or 22 working days, just to have a week's worth of fun.