I perceive wisdom as the ability to make the best decision or select the best course of action according to the current situation with respect to prior similar situations and their outcomes.
The thought that they can’t quit a job because of inconvenient hours is just another taste of reality.
A second job might be necessary to help make ends meet.
In either of the two types of knowledge, the problem with it is the event of unnecessary and sometimes, unwanted or unwelcome, sharing.
I am sure you have come across people with loads of knowledge like this, people who can and will pipe up at any given time, listing out facts, experiences or opinions about any topic in conversation at the slightest, or maybe without even the slightest, inclination.