[New Book] The Woman Whose Salary Disappears, The Woman Whose Salary Grows

Money Management Methods for Office Workers Starting with Their Salary

When asked, "What is the most important thing to live a happy life?" many people mention health and interpersonal relationships. Few say "money is the most important," but if they speak honestly, concerns about money are the greatest. Although they don't openly say money is important, deep down, it is.

After graduating from college and becoming a young professional, it can be overwhelming to save a salary and figure out how to grow money. For these young professionals, a financial management book titled Women Whose Salary Disappears, Women Whose Salary Grows has been published.

The author of Women Whose Salary Disappears, Women Whose Salary Grows, Seungyong Song, CEO of Hope Financial Planning, is a top expert in finance and financial planning. About 10 years ago, he published a book that sold hundreds of thousands of copies and caused a sensation, titled The Truth Financial Companies Don’t Tell You.

This book contains essential financial knowledge and methods for young professionals to manage their salaries well, beyond typical financial management. The early chapters explain the differences between savings and deposits, how to use insurance products cheaply and wisely, ways to protect monthly rent deposits, how to use loans with low interest rates, and the principles of financial products along with financial know-how. The latter part of the book also covers topics of growing interest such as overseas investment, Bitcoin, and digital assets.

CEO Song emphasizes in the book that "the most important thing for young professionals is to manage money well." This is because it is crucial to build a foundation of assets with the seed money saved through savings. However, depending on the purpose of money use, investment is also necessary, and various financial products should be utilized. He explains that investing only in South Korea, which has recently entered a global era of low interest rates, aging population, and low growth, makes it difficult to grow money.

He says it is important to invest small amounts in various products while young to gain experience, seeing both profits and losses to develop insight. He warns that if one reaches middle age with increased assets but invests poorly based on others’ advice and fails, the damage can be severe. He adds, "The saying ‘It’s better to sell early’ can also apply to investing."

Additionally, digital assets like Bitcoin, which have begun to be introduced worldwide, and overseas investments are becoming important. He recommends trying small investments gradually to gain diverse experiences.

Through the book, the author states, "Money management and financial planning are necessary, and money management must be done well in the early years of working life. That makes life easier in middle age when expenses increase." However, he notes, "The reality is different. Most people don’t appreciate the value of money in their early working years. They think money can always be earned and salaries come monthly, so they easily spend money on immediate temptations. Then they regret it when money is truly needed. I wrote this book to help people in their 20s and 30s regret less."

Above all, the author stresses that "saving is honest, and saving should not be delayed." Since time does not wait for us, saving should start as soon as possible. He explains that having too big a goal about money can exhaust us, so starting with saving an extra 5,000 won per day or 100,000 won more per month is the beginning of money management.

Meanwhile, the author, CEO Seungyong Song, has appeared as an advisor on the EBS TV program DocuPrime - Capitalism, and as a regular panelist on various broadcasts such as MBC TV’s Economic Magazine M, KBS Radio’s Economic Focus, and Success Feeling with Director Kim. He currently serves as CEO of Hope Financial Planning and actively lectures and provides professional counseling to help young professionals and beginners easily manage their salaries and bank accounts nationwide.

His published works include bestsellers such as The Truth Financial Companies Don’t Tell You, Lifetime Salary, I Got My First Salary!, and The Truth About Money Adults Don’t Tell You.