@oristarA,
Wisdom has nothing to do with it.
Here's an explanation of "wise" as a suffix:
Usage Note: The suffix -wise has a long history of use to mean "in the manner or direction of," as in clockwise, otherwise, and slantwise. Since the 1930s, however, the suffix has been widely used in the vaguer sense of "with respect to," as in This has not been a good year saleswise. Taxwise, it is an unattractive arrangement.