There are many books that popularize the idea of frugality and living below your means. Many so-called money experts write and speak about the virtues of cutting up your credit cards, saving money, putting the maximum amount into your retirement plan, driving a used car, living in a smaller house, clipping coupons, shopping at sales, eating at home, passing used clothes from older kids down to the younger kids, taking cheaper vacations, and other strategies. While these are excellent ideas for many people, and while there is a time and place for frugality, most people do not like these ideas. You can become rich by being cheap. But the problem is that, even though you’ve become rich, you’re still cheap. Cutting up your credit cards does nothing to improve your financial education.