Absolutely correct. And the path requires we tether our donkey first, then go follow Mohamed, as the Sufis say.
Spirituality should never be used as a substitute for effective power in the world. This is a common mistake, and also a very common experience. Almost everyone here will have spent time in that error, where we sought to feel better about ourselves when vulnerable and powerless in outer life, by priding ourselves on being more spiritual than everyone else.
For some time (a few decades) I thought that being spiritual, and a way to be better than regular folks, was equal to being poor. Money and surplus was a "bad input" in my spiritual World, automatical distorting the fine vibrations between me and the Source.
The more powerful I became (in this world) the more money I got. And then we had this lesson in Toltec Mystery School about the inventory, and my inventory said that: poorness was equal to spirituality, which is of course wrong, in the sense that poorness equal nothing at all except that you are poor.
the Master also said - get to the high circles in your meditation but be sure that you bring down your experiences from "up there" into your Tonal. If you only "Go up" and don't bring it all down - Your meditations will be useless, for You - and for the Universe.
So bring into form on Earth - your spirituality - that is what Michael, and all the teachers in this party says.
And I enjoy to be, if not rich, but at least to have not to worry about the next bill.