African Proverb

 I think "knowledge is better than riches" means or can be explained as intelligence and education is useful or you can go further in life with it other than money, gold, silver(riches). This can be used in everyday life. For instance, if you go to school and get your education and pursue your dream you would probably come out on top. Now if you are rich and you buy a business and make all this money. Without and education you can get cheated out of customers, managers, employees, tax and bill collectors. But if you get your education and open a business you won't get cheated and you'll make more money than the riches because you have knowledge. Riches is just a pretty and valuable cover and knowledge is power inside and out.