As I remember the same topic is exist on the forum already, but I will tell you my opinion in any case.
Yes, "the time is money" are good words. But not every pearson's time cost anything. How much costs the time of some idiot or fool who doesn't want to do a thing and used to live due to other people's help? Nothing.
Don't take it too literally. the main message of the quote is to be use your time wisely and productively as long as it you produce results that can help you in the future your time
is not wasted. lets take your example on the fool person, if that person is learning a new skill and trying things to get a job/income then his time is not wasted, it'll bear fruit in
the near future therefore those time he spent learning bears money. of course i he does nothing its nothing lol. and just to be clear theres nothing wrong to live using peoles help
as long as you're doing something as a payback and as a sign of gratefulness