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plastectomy 

The process of cutting up or otherwise destroying credit cards as part of a plan to become debt-free, most commonly through financial advisor Dave Ramsey's "Total Money Makeover" plan.
Upon deciding that she was going to get out of debt, she grabbed her credit cards and a pair of scissors, and prepared for her plastectomy.
plastectomy by fifteenstories December 3, 2007
Related Words

Playsectomy 

When a young man, 18-20, wisely decides to invest in having a vasectomy. The sheer volume of serious game to be played over the next decade calls for zero chances of unwanted pregnancy and uninhibited slay with his tool. The playsectomy can be reversed when the man is ready to settle down and spread his good seed wisely.
Did you hear Tito just had a playsectomy?

Ah man, to be young again. That kid is gonna put that knot to work.
Playsectomy by musinon July 2, 2019

Plastectomy 

The need to have a plexiglass window inserted in your abdomin, because your head is so far up your ass you need it to see where your going.
Politicians are in need of a plastectomy.
Plastectomy by R.T. Fuller March 13, 2009