look up any word, like swag:
The place you end up being when you start to care about someone and have feelings for them. Carealot can result in lots o happiness, or a lot of upset if the person that got you into Carealot breaks your heart.

Named after the home of the Carebears.
Emma keeps smiling at her phone, she is SO in Carealot.
by TBIOM July 05, 2011