Kim So-young, Vice Chairman of the Financial Services Commission, Hosts ‘Youth Finance Consultation Meeting’
“Customized support possible with one-stop youth financial consulting service”,
Kim So-young of the Financial Services Commission visited the One-Stop Youth Financial Consulting Center on the afternoon of the 29th in Jung-gu, Seoul, to listen to youths’ financial concerns and discuss the future direction of youth financial support. 2025.4.29 (provided by the Financial Services Commission)/News1,
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, “(Seoul=News1) Reporter Kim Jae-hyun = On the 29th, Kim So-young, Vice Chairman of the Financial Services Commission, held a ‘Youth Finance Consultation Meeting’ at the One-Stop Youth Financial Consulting Center in Jung-gu, Seoul.”,
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, “The meeting aimed to listen to various financial concerns of youths and discuss directions for financial support for them. It also served to promote the one-stop youth financial consulting service.”,
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, “On this day, Vice Chairman Kim observed a scene where a youth who joined a Youth Leap Account was receiving consulting.”,
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, “Person A said, ‘I have been having many concerns as my fixed expenses have increased recently, making it difficult to save. Through expert consulting, I was able to understand my income and expenses and establish a financial plan, which was meaningful.'”,
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, “The consultant stated, ‘Difficulties in managing expenses are a common financial concern among young people today. We will strive to actively listen to youths’ concerns when providing consulting in the future and categorize them to offer more effective and systematic consulting services.'”,
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, “Furthermore, Vice Chairman Kim conducted a youth finance consultation meeting to share the financial reality of youths and discuss future support directions.”,
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, “He stated at the meeting, ‘The One-Stop Youth Financial Consulting Center significantly aids youth in making self-directed and wise financial decisions throughout their lives. We will actively promote the center so that more young people can utilize it and continue to expand and strengthen the consulting center’s role.'”,
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, “He added, ‘Although youths can relatively easily access asset management information through SNS, many feel challenged in using it according to their financial situations, leading to difficulties in asset management. Since the One-Stop Youth Financial Consulting Center provides personalized consulting based on individual financial analysis, it will greatly help in resolving youth financial concerns.'”,
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, “Regarding the Youth Leap Account, which is nearing 2 million subscribers, he stated, ‘We will continue efforts to improve the system, such as introducing partial withdrawal services, so that it can firmly establish itself as a system for the stable asset formation of youths. We also need to continuously strengthen youth-friendly promotions and financial education to enable youths to make good use of the Youth Leap Account as a major asset management tool.'”,
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, “Choi In-ho, Deputy Director of the Financial Self-Sufficiency Promotion Agency, also mentioned, ‘We will stably operate the Youth Leap Account and the One-Stop Consulting Center to support youth economic independence in various ways. We are conducting various events related to achieving 2 million cumulative subscribers for the Youth Leap Account, and we ask for a lot of interest from youths.'”,
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, “Meanwhile, the Youth Leap Account is a savings product where participants can freely deposit up to 700,000 KRW per month over a five-year term (interest rate 4.5-6.0% per annum), with the government providing additional contributions to the monthly deposits. As of April 25, approximately 1.93 million people had subscribed to the Youth Leap Account. The application period for May is from May 2 to 16 (business days only).”