Yes — because a high income without financial education is like pouring water into a basket; it disappears without building anything. Around the world, people lose wealth not because they never earned enough, but because they never learned how money works: taxes, compounding, credit, investing, and saving strategies. In countries like the US, UK, and Canada, financial systems reward those who understand credit and punish those who misuse it. In Africa and parts of Asia, informal economies mean people earn money but rarely use banks or investment platforms that multiply it. Financial education teaches people how to protect money, grow money, and buy time. Income helps you live; education teaches you how to live better and longer without dependency.