Allowance of 50,000 to 100,000 Won That Middle and High School Students Want to Receive
The nation's biggest holiday, Seollal, is just one day away. Many people are concerned about how much and to whom they should give New Year's money (sebaetdon). A survey found that middle and high school students want to receive between 50,000 and 100,000 won per person as sebaetdon.
Elite Student Uniform, a brand of Hyungji Elite, conducted a survey from January 15 to 18 last month targeting 579 middle and high school students. The results showed that 45% of respondents said they wanted to receive 50,000 to 100,000 won per person as sebaetdon, making it the largest share.
Thirty percent of respondents said the total amount of sebaetdon they receive during Seollal is between 200,000 and 300,000 won, and 66% said they are satisfied with the amount they currently receive. Among the students, 59% manage their sebaetdon themselves, which was the most common response. Thirty-six percent said they manage it together with their parents or receive part of it as allowance.
Fifty-six percent of respondents said, "I spend some of the sebaetdon as allowance and save the rest," followed by those who save all of it (11%), use it to help with tuition or living expenses (8.5%), and invest it (1%). The main uses of the allowance were hobbies and cultural activities (30%), shopping (27%), and snacks and dining out (24%), in that order.
'The Age for Sebaetdon' Debate... 34.7% Say "Give Until Employment"
Until what age should sebaetdon be given? According to a related survey conducted by convenience store CU on its commerce app Pocket CU, the largest share of respondents (34.7%) said they give sebaetdon until employment. This was followed by "give to all minors" (30.4%), "give to everyone who performs the New Year's bow regardless of age" (18.4%), and "give only to children" (6.7%). A small percentage (2.1%) said, "Those who earn more give to those who earn less."
It is also interesting that the responses varied clearly by generation. Among those who said they give sebaetdon until employment, 48% were in their 20s. This is interpreted as a hopeful response from 20-somethings, who have a high proportion of job seekers. In their 30s, the most common response (39%) was that those who earn more give to those who earn less, while in their 40s, who tend to have more stable incomes, the majority (44%) said they give sebaetdon to all minors.
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