KB Securities Conducts Financial Education for Self-Reliant Youth in Jeonnam Region

KB Securities announced on the 7th that it conducted financial education for about 100 self-reliant youth from the Jeonnam region at the Sol Beach Resort Diamond Hall located in Jindo-gun, Jeollanam-do on the 1st.

Self-reliant youth refer to young people who have been under the care of child welfare facilities or foster families and become independent upon turning 18. They receive a fixed amount of government support monthly for five years after leaving care to prepare for self-reliance.

This year, KB Securities supported both in-person and online financial education in regions with demand by collaborating with self-reliance support agencies in various cities and provinces such as Daejeon and Gangwon. Previously, financial education was provided to the "Baramgaevi Supporters," a mentor group for self-reliant youth, but this time the target was expanded to include the self-reliant youth themselves with in-person lectures.

The education was organized by KB Securities’ Consumer Protection Department and covered topics such as the beginning of asset management, the importance of saving seed money, and precautions against financial fraud. The lectures were delivered by Kang Dong-han, a specialist in economic and financial education from the KB Financial Group Public Welfare Foundation.

The lecture focused on cultivating a financial mindset, covering general concepts of setting financial goals, saving seed money, know-how for using financial institutions, and the use of emergency funds and deposit collateral.

Additionally, the session included raising awareness through real cases of financial fraud and precautions to take. Following the lecture, there was a meaningful Q&A session addressing questions related to finance and economics.

Kim Seong-hyun, CEO of KB Securities, said, "We hope this education provided self-reliant youth with an opportunity to build a foundation for reasonable financial living and that it became an important turning point in their lives. Going forward, KB Securities plans to create various opportunities to help self-reliant youth develop proper financial knowledge."