When someone can manage their finances well of course they will not experience financial difficulties whether they earn a little or a lot, for people who earn a little they will certainly have difficulties if they do not have good knowledge of financial management and they have to look for loans to meet their needs. due to lack of financial management knowledge.
You are right, whether rich or poor will still experience financial problems if they don't have knowledge about managing finances well, but for rich people, of course they can get this easily if they want to learn it and for some poor people who don't If they know well about financial management, of course they will have a lot of debt.
That's the problem in my opinion, many people can't manage their finances well, because I have a friend who works and has a large income, in fact I think that's more than enough, it's just that he often borrows money from me or other friends. with the excuse of buying food or other kitchen necessities, I think he doesn't really have good money management, because with the income he earns I think it's more than enough to meet his needs, but maybe he spends it on less useful things like fulfill what he wants by buying property or other things that are only temporary.
"If they really understand financial management, of course they will have a lot of debt." I don't understand this, perhaps what is meant is, "if they really understand financial debt management, then they won't have a lot of debt."
because I think that with those who understand money management, it is unlikely that they will take out a loan, unless they don't have or don't understand money management, then there is a possibility that they could have debt because poor money management means they are always short.