According to the Oxford Dictionary wisdom is the quantity of having experience, knowledge, and good judgment, the quality of being wise.
Wisdom is a virtue that isn’t innate but can only be acquired through experiences. Anyone interested in trying new things and reflecting on the process can gain wisdom. By learning as much as you can analyzing your experiences and putting your knowledge to the test, you can become a wiser person.

1 Corinthians 1:30

But of Him are ye in Christ Jesus, who of God is made unto us wisdom, and sanctification and redemption.
For a child of God, God made Christ wisdom for us.

James 1:5
If any of you lack wisdom let him ask of God that giveth to all men library and upbraided not and it shall be given him.

A study Bible explains this verse as follows: “Christianity teaches men to be joyful under troubles, such exercises are sent from God’s love, and trials in the duty will brighten our graces now and our crown at last. We are encouraged to take care in times of trial that patience and not passion, is set to work in us; whatever is said or done, let patience have the saying and doing of it. When the work of patience is complete, it will furnish all that is necessary for our Christians’ race and welfare, we shall not pray so much for the removal of affliction, ask for wisdom to make the right use of it. And who does not want wisdom to guide him under trial both in regulating his own spirit and in managing his affairs? Here is something in answer to every discouraging turn of the mind, when we go to God under a sense of our own weakness and folly, if after all, any should say, this may be the case with some but I fear I shall not succeed’, the promise is, ‘To any that asked it shall be given. A mind that has single and prevailing regard for its spiritual and internal interest, and that keeps steady in its purposes for God, will grow wise by afflictions, will continue fervent in devotion, and rise above trial and opposition. When our faith has second causes, there will be unsteadiness in our minds and actions. This may not always expose men to contempt in the world, but such waste cannot please God. No condition of life is such as hinder rejoicing in God. Those low degree may rejoice if they are exalted to be rich in faith and heirs of the kingdom of God, and the rich may rejoice in humbling providence, that leads to a humble and lowly disposition of mind. Worldly wealth is a withering thing. Then, let him that is rich rejoice in the grace of God which makes and keeps him humble, and in the trials and exercises which teach him to seek happiness in and from God, not from perishing in enjoyment.

Importance of Wisdom:

Proverbs 19:20
Hear counsel, and receive instruction, that thou mayest be wise in thy latter end.

Those who would be wise in their latter end, must be taught a rule when young.

James 3:17
But the wisdom that is from above is first pure then peaceable, gentle, and easy to be entreated full of mercy and good fruits , without partiality and without hypocrisy.
Verse 13 says:
Who is a wise man and endued with knowledge among you? Let him show out of a good conversation his works with meekness of wisdom.

The above verses show the difference between men’s pretending to be wise and their being really so. He who thinks well, or he who talks well, is not wise in the sense of the Scripture if he does not leave and act well. True wisdom may be know by the meekness of the spirit and temper. Those who live malice, envy and contention, live in confusion and are liable to be proved and hurried to any evil work. Such wisdom comes not down from above but springs up from earthly principles, acts on earthly principles, acts on earthly motives, and is intent on serving earthly purposes. Those who are lifted up with such wisdom described by the apostle James, are near to their Christian love described by apostle Paul and both are so described that every man may fully prove the reality of his attainment in them. It has no disguise or deceit. It cannot fall in with those managements the world counts wise, which are crafty and guileful, but it is sincere, and open, and steady, and uniform, and consistent with itself. May the purity, peace gentleness, teachableness, and mercy, shown in all our actions and the fruits of righteousness abounding in our lives, prove that God has bestowed upon us this excellent gift.

Colossians 2:2-3

That their heart might be comforted being knit together in love, and unto all riches of the full assurance of understanding, to the acknowledgment of the mystery of God, and of the Father and of Christ. In whom are hid all the treasures of wisdom and knowledge.

Ecclesiastes 10:10
If the iron be blunt, and he do not whet the edge, then must he put to more strength; but wisdom is profitable to direct.

Therefore , to proceed to success, to execute quicker, we need wisdom.

Proverbs 3:13-15
Blessed are those who find wisdom, those who gain understanding, for she is more profitable than silver and yields better returns than gold. She is more precious than rubies, nothing you desire can compare with her.

Proverbs 16:16
How much better to get wisdom than gold, to get insight rather than silver.
The above versus emphasizes on the importance of wisdom in one’s life.

In conclusion;
Proverbs 1:7
The fear of the Lord is the beginning of knowledge, but fools despise wisdom and instruction.

Fools are persons who have no true wisdom who follow their own devices without regard to reasons, or reverence for God. Children are reasonable creatures and when we tell them what they must do we must tell them why. But they are corrupt and willful, therefore, with the instruction there is need of a low. Let divine truths and commands be to us most honorable, let us value them, and then they shall be so to us. Obey not to walk with sinners.
Wisdom is the principal thing therefore get wisdom. Proverbs 4:7