Exactly, this is right. No matter how much we earn especially here in bitcoin, nothing good will ever happen if we do not know how to manage our finances.
If we want to be rich or maintain being rich it is necessary to be finally literate to become wise on how to handle our finances.
Maintaining a lifestyle where a person only spends on the materials he really needs daily is very essential. Have a mindset where more income does not necessarily mean more spending. It is important to learn to budget what you earn, including a person's savings.