I think this confuses symptoms and causes of moderate wealth. When you're moderately wealthy, you can churn cards without the temptation to use them for things

I think this confuses symptoms and causes of moderate wealth. When you're moderately wealthy, you can churn cards without the temptation to use them for things that you really can't afford. If you and your family are living month-to-month, it is nearly impossible to restrain yourself when you see how much credit is available. Similarly, if you're from a large, close family where everyone lives month-to-month, you might be perceived as greedy if you start to accumulate wealth instead of sharing with your family. For some reason it is more forgivable to imperil yourself by borrowing money to buy an expensive car than it is to let money pile up in your savings account. If you're from a family where there is a culture of long-term financial thinking, this stuff is pretty easy. If you aren't, it isn't. It is partly that you haven't learned habits of financial planning, but also that there are cultural forces that prevent it.