--- title: "Meaning & Key Takeaway of: Without any formal personal finance…" description: "\"Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age brac..." image: "https://sms4smile.com/quotes/i/557/alexa-von-tobel-10230_age_without-any-formal-personal-finance-educ_664181.png" --- # Without any formal personal finance education or… ![“Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age bracket do not know how to use credit effectively, tackle debt or make wise decisions when it comes to spending.” quote by Alexa Von Tobel](https://sms4smile.com/quotes/i/557/alexa-von-tobel-10230_age_without-any-formal-personal-finance-educ_664181.png) [Download](https://sms4smile.com/quotes/i/557/alexa-von-tobel-10230_age_without-any-formal-personal-finance-educ_664181.png) [Open image](https://sms4smile.com/quotes/i/557/alexa-von-tobel-10230_age_without-any-formal-personal-finance-educ_664181.png) > “Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age bracket do not know how to use credit effectively, tackle debt or make wise decisions when it comes to spending.” [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Many young adults lack basic financial literacy, leading to poor credit and spending habits. **In simple terms:** Young people often don’t know how to manage money. Key Takeaway Learn and practice good credit habits early. Themes financial literacy young adults credit management Mood concerned motivational Type educational practical When to use this quote - college budgeting - first credit card - student loan repayment - day‑to‑day spending Key Concepts personal finance behavioral economics Questions to Reflect On - How can schools better teach finance? - What steps can you take today to improve credit? A Different Perspective Advice alone isn’t enough without practical experience and guidance. ★ ★ ★ ★ ★ No ratings yet [Age](https://sms4smile.com/quotes/about/age/) [Bracket](https://sms4smile.com/quotes/about/bracket/) [Credit](https://sms4smile.com/quotes/about/credit/) [Decisions](https://sms4smile.com/quotes/about/decisions/) [Education](https://sms4smile.com/quotes/about/education/) [Finance](https://sms4smile.com/quotes/about/finance/) [Money](https://sms4smile.com/quotes/about/money/) [People](https://sms4smile.com/quotes/about/people/) [Personal](https://sms4smile.com/quotes/about/personal/) [Personal finance](https://sms4smile.com/quotes/about/personal-finance/) [Trustworthy](https://sms4smile.com/quotes/about/trustworthy/) [Wise](https://sms4smile.com/quotes/about/wise/) ## Related quotes > [I was a million miles from being a Premier League player. You see some people, at 18 they are ready. At 21, I wasn't.…](https://sms4smile.com/quotes/peter-crouch/i-was-a-million-miles-from-being-a-premier-league-player-you-see-some/) [Peter Crouch](https://sms4smile.com/quotes/author/peter-crouch/) > [You don't realize how much you use your credit card not even to buy things. It's a card you get so you can navigate…](https://sms4smile.com/quotes/adam-carolla/you-don-t-realize-how-much-you-use-your-credit-card-not-even-to-buy/) [Adam Carolla](https://sms4smile.com/quotes/author/adam-carolla/) > [I very rarely use a credit card, but I do if I know I have big bills coming and I need to stagger payment.](https://sms4smile.com/quotes/andrea-mclean/i-very-rarely-use-a-credit-card-but-i-do-if-i-know-i-have-big-bills/) [Andrea McLean](https://sms4smile.com/quotes/author/andrea-mclean/) > [The quality of our academy system is very high, as good as anything in the world. Around the country, lots of people in youth…](https://sms4smile.com/quotes/gareth-southgate/the-quality-of-our-academy-system-is-very-high-as-good-as-anything-in/) [Gareth Southgate](https://sms4smile.com/quotes/author/gareth-southgate/) > [I've had several moments in my career where it seemed like I might not age out of the bracket the world wants to put…](https://sms4smile.com/quotes/ethan-hawke/i-ve-had-several-moments-in-my-career-where-it-seemed-like-i-might/) [Ethan Hawke](https://sms4smile.com/quotes/author/ethan-hawke/) > [I try to use my debit card rather than a credit card, but I will use a credit card for big purchases because I…](https://sms4smile.com/quotes/sean-pertwee/i-try-to-use-my-debit-card-rather-than-a-credit-card-but-i-will-use-a/) [Sean Pertwee](https://sms4smile.com/quotes/author/sean-pertwee/) > [Every age bracket has to be respected and it should be embraced naturally.](https://sms4smile.com/quotes/sharmila-tagore/every-age-bracket-has-to-be-respected-and-it-should-be-embraced/) [Sharmila Tagore](https://sms4smile.com/quotes/author/sharmila-tagore/) > [Without any formal personal finance instruction in our high school or college curricula, many college seniors who graduate in the red will continue to…](https://sms4smile.com/quotes/alexa-von-tobel/without-any-formal-personal-finance-instruction-in-our-high-school-or/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Youthful social media users share their personal lives online, tweeting and posting everything from their relationship status to their current location to their latest…](https://sms4smile.com/quotes/alexa-von-tobel/youthful-social-media-users-share-their-personal-lives-online/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Automating some of your finances can be incredibly convenient and is a great way to save time, but automating everything makes it too easy…](https://sms4smile.com/quotes/alexa-von-tobel/automating-some-of-your-finances-can-be-incredibly-convenient-and-is/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [There's no skill. You can be a rock and move into another cash bracket.](https://sms4smile.com/quotes/howie-mandel/there-s-no-skill-you-can-be-a-rock-and-move-into-another-cash-bracket/) [Howie Mandel](https://sms4smile.com/quotes/author/howie-mandel/) > [The biggest thing for me is helping people understand that there is a women's bracket, and you should fill out brackets on both sides.…](https://sms4smile.com/quotes/a-ja-wilson/the-biggest-thing-for-me-is-helping-people-understand-that-there-is-a/) [A'ja Wilson](https://sms4smile.com/quotes/author/a-ja-wilson/) > [Well it's hard to bracket it like that because everyone always thinks you either go to America and you come back, fail or succeed,…](https://sms4smile.com/quotes/anna-friel/well-it-s-hard-to-bracket-it-like-that-because-everyone-always-thinks/) [Anna Friel](https://sms4smile.com/quotes/author/anna-friel/) > [Fans are your greatest enemies because they tend to bracket you. And the moment someone expects I should do something, I break out. I…](https://sms4smile.com/quotes/anurag-kashyap/fans-are-your-greatest-enemies-because-they-tend-to-bracket-you-and/) [Anurag Kashyap](https://sms4smile.com/quotes/author/anurag-kashyap/) > [Parenthesis-proud, bracket-bold, happiest with hyphens, The writers stagger intoxicated by terms, adjective-unsteadied](https://sms4smile.com/quotes/anthony-brode/parenthesis-proud-bracket-bold-happiest-with-hyphens-the-writers/) Anthony Brode ## More by Alexa Von Tobel > [At LearnVest, we're working to make financial planning both accessible and affordable so that everyone has the opportunity to get on track financially.](https://sms4smile.com/quotes/alexa-von-tobel/at-learnvest-we-re-working-to-make-financial-planning-both-accessible/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Get up, dress up, and show up.](https://sms4smile.com/quotes/alexa-von-tobel/get-up-dress-up-and-show-up/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [The most common reason new mothers return to work sooner than they'd like to is because they can't afford to go without their salaries…](https://sms4smile.com/quotes/alexa-von-tobel/the-most-common-reason-new-mothers-return-to-work-sooner-than-they-d/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [We're providing planning to a huge audience who's never had access to financial planners before. This was always my plan for LearnVest. It was…](https://sms4smile.com/quotes/alexa-von-tobel/we-re-providing-planning-to-a-huge-audience-who-s-never-had-access-to/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Tax time is the perfect opportunity to jumpstart your spring-cleaning by tackling your financial to-do list.](https://sms4smile.com/quotes/alexa-von-tobel/tax-time-is-the-perfect-opportunity-to-jumpstart-your-spring-cleaning/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [“Clearly, having money doesn’t mean you’re immune to money stress. Not for nothing did Notorious B.I.G. coin “Mo Money Mo Problems.”](https://sms4smile.com/quotes/alexa-von-tobel/clearly-having-money-doesn-t-mean-you-re-immune-to-money-stress-not/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Automating some of your finances can be incredibly convenient and is a great way to save time, but automating everything makes it too easy…](https://sms4smile.com/quotes/alexa-von-tobel/automating-some-of-your-finances-can-be-incredibly-convenient-and-is/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [I'm proud that LearnVest is creating content that helps expectant moms tackle their finances. As much as possible, we hope to lessen the stress…](https://sms4smile.com/quotes/alexa-von-tobel/i-m-proud-that-learnvest-is-creating-content-that-helps-expectant/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [My ultimate goal is to create operating systems for myself that allow me to think as little as possible about the silly decisions you…](https://sms4smile.com/quotes/alexa-von-tobel/my-ultimate-goal-is-to-create-operating-systems-for-myself-that-allow/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [Since the beginning of LearnVest, I've never left the office for food.](https://sms4smile.com/quotes/alexa-von-tobel/since-the-beginning-of-learnvest-i-ve-never-left-the-office-for-food/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [I go to bed at 2 a.m. and get up at 7 a.m. - I've never been a sleeper. But I definitely get sick…](https://sms4smile.com/quotes/alexa-von-tobel/i-go-to-bed-at-2-a-m-and-get-up-at-7-a-m-i-ve-never-been-a-sleeper/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [When you have a lot of money, there's so many places you can go to manage your money. But when you don't have money,…](https://sms4smile.com/quotes/alexa-von-tobel/when-you-have-a-lot-of-money-there-s-so-many-places-you-can-go-to/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [As a new entrepreneur, you need a stake in the game, but you can't risk it all.](https://sms4smile.com/quotes/alexa-von-tobel/as-a-new-entrepreneur-you-need-a-stake-in-the-game-but-you-can-t-risk/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [When everyone zigs, zag. Life is all about trying to get somewhere first.](https://sms4smile.com/quotes/alexa-von-tobel/when-everyone-zigs-zag-life-is-all-about-trying-to-get-somewhere-first/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) > [The financial advice market presents an impossible conundrum: in order to work with a financial planner, you must have enough money to be of…](https://sms4smile.com/quotes/alexa-von-tobel/the-financial-advice-market-presents-an-impossible-conundrum-in-order/) [Alexa Von Tobel](https://sms4smile.com/quotes/author/alexa-von-tobel/) [Explore all 67 Alexa Von Tobel quotes ](https://sms4smile.com/quotes/author/alexa-von-tobel/) ## More Age quotes > [I need a bath." He chuckled. "You smell of smoke, as do I." The duke turned, leaning heavily on his cane. "Jameson, open the…](https://sms4smile.com/quotes/karen-hawkins/i-need-a-bath-he-chuckled-you-smell-of-smoke-as-do-i-the-duke-turned/) [Karen Hawkins](https://sms4smile.com/quotes/author/karen-hawkins/) > [While we've youth in our hearts, we can never grow old.](https://sms4smile.com/quotes/oliver-wendell-holmes-jr/while-we-ve-youth-in-our-hearts-we-can-never-grow-old/) [Oliver Wendell Holmes, Jr](https://sms4smile.com/quotes/author/oliver-wendell-holmes-jr/) > [It's easier to change a law than an age-old mentality. Deep down, many prejudices, many hostilities, many fears persist. But if we take a…](https://sms4smile.com/quotes/dacia-maraini/it-s-easier-to-change-a-law-than-an-age-old-mentality-deep-down-many/) [Dacia Maraini](https://sms4smile.com/quotes/author/dacia-maraini/) > [When I first started writing, when I was 15, I would go to work with people and they would tell me my lyrics were…](https://sms4smile.com/quotes/sabrina-claudio/when-i-first-started-writing-when-i-was-15-i-would-go-to-work-with/) [Sabrina Claudio](https://sms4smile.com/quotes/author/sabrina-claudio/) > [Real people speak in my books about the main events of the age, such as the war, the Chernobyl disaster, and the downfall of…](https://sms4smile.com/quotes/svetlana-alexievich/real-people-speak-in-my-books-about-the-main-events-of-the-age-such/) [Svetlana Alexievich](https://sms4smile.com/quotes/author/svetlana-alexievich/) > [As a child I was very involved with sports and I knew at age 9 that I wanted to be an Olympic champion.](https://sms4smile.com/quotes/marion-jones/as-a-child-i-was-very-involved-with-sports-and-i-knew-at-age-9-that-i/) [Marion Jones](https://sms4smile.com/quotes/author/marion-jones/) > [If there is any period one would desire to be born in, is it not the age of Revolution; when the old and the…](https://sms4smile.com/quotes/ralph-waldo-emerson/if-there-is-any-period-one-would-desire-to-be-born-in-is-it-not-the/) [Ralph Waldo Emerson](https://sms4smile.com/quotes/author/ralph-waldo-emerson/) > [By making conscious choices in our behavior and where we focus our attention, we can transform our experience of our body, decrease our biological…](https://sms4smile.com/quotes/deepak-chopra/by-making-conscious-choices-in-our-behavior-and-where-we-focus-our/) [Deepak Chopra](https://sms4smile.com/quotes/author/deepak-chopra/) > [I am just enjoying the dream of being Milan coach at the age of 40.](https://sms4smile.com/quotes/gennaro-gattuso/i-am-just-enjoying-the-dream-of-being-milan-coach-at-the-age-of-40/) [Gennaro Gattuso](https://sms4smile.com/quotes/author/gennaro-gattuso/) > [Age is an accumulation of life and loss. Adulthood is a series of lines crossed.](https://sms4smile.com/quotes/ellen-goodman/age-is-an-accumulation-of-life-and-loss-adulthood-is-a-series-of/) [Ellen Goodman](https://sms4smile.com/quotes/author/ellen-goodman/) > [I calculated that if I live up to the age of 80, then I end up using 450 toothbrushes in my life. All that…](https://sms4smile.com/quotes/dia-mirza/i-calculated-that-if-i-live-up-to-the-age-of-80-then-i-end-up-using/) [Dia Mirza](https://sms4smile.com/quotes/author/dia-mirza/) > [Why is wisdom so fair? Why is beauty so wise? 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That was a hard work.](https://sms4smile.com/quotes/bill-kaulitz/we-have-started-to-make-music-at-age-seven-that-was-a-hard-work/) [Bill Kaulitz](https://sms4smile.com/quotes/author/bill-kaulitz/) [Browse all 18,948 Age quotes ](https://sms4smile.com/quotes/about/age/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority of people in the 18-to-24-year-old age bracket do not know how to use credit effectively, tackle debt or make wise decisions when it comes to spending.", "creator": { "@type": "Person", "name": "Alexa Von Tobel" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/alexa-von-tobel/without-any-formal-personal-finance-education-or-trustworthy/", "about": { "@type": "Thing", "name": "Age" }, "@id": "https://sms4smile.com/quotes/alexa-von-tobel/without-any-formal-personal-finance-education-or-trustworthy/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/557/alexa-von-tobel-10230_age_without-any-formal-personal-finance-educ_664181.png", "contentUrl": "https://sms4smile.com/quotes/i/557/alexa-von-tobel-10230_age_without-any-formal-personal-finance-educ_664181.png", "url": "https://sms4smile.com/quotes/i/557/alexa-von-tobel-10230_age_without-any-formal-personal-finance-educ_664181.png", "width": 1080, "height": 1080, "caption": "“Without any formal personal finance education or trustworthy resources to tell them otherwise, the majority…” — Alexa Von Tobel", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Alexa Von Tobel", "item": "https://sms4smile.com/quotes/author/alexa-von-tobel/" }, { "@type": "ListItem", "position": 4, "name": "Without any formal personal finance education...", "item": "https://sms4smile.com/quotes/alexa-von-tobel/without-any-formal-personal-finance-education-or-trustworthy/" } ], "@id": "https://sms4smile.com/quotes/alexa-von-tobel/without-any-formal-personal-finance-education-or-trustworthy/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```