Knowledge is gathered from learning and education, while most say that wisdom is gathered from day-to-day experiences and is a state of being wise. Knowledge is merely having clarity of facts and truths, while wisdom is the practical ability to make consistently good decisions in life.

Wisdom can improve your life in all aspects: physical, emotional, mental, and financial. Learning from your experiences and the experiences of others and sharing that wisdom are vital to your survival and the survival of those you share your wisdom with.