Financial Services Commission Hosts 'Youth, Finance My Way' Talk Concert with Shuka

100 Young Adults Targeted for 'Essential Financial Habits for Youth'
Providing Timely Educational Content in Public Education... Expected to Strengthen Financial Competence Among Young People

The Financial Services Commission held a talk concert titled 'Youth, Finance in My Own Way.'

On the 31st, the FSC hosted a talk concert with 100 young people interested in financial education and the famous economic and current affairs YouTuber ‘Shuka World’ (hereinafter Shuka) to discuss the financial habits necessary for youth and the importance of financial education to form these habits.

So far, the Financial Services Commission and the Financial Supervisory Service have been conducting the 'Youth, Finance in My Own Way' campaign to raise awareness of the importance of financial education for young people, following the 'Youth Financial Education Campaign Promotion Plan' approved at the first Financial Education Council meeting this year. This talk concert was held as part of the campaign, providing a venue where young people could learn about financial knowledge and freely discuss the difficulties they usually face in their financial lives.

The first part of the talk concert was a lecture by Shuka on the theme of ‘Financial Habits Essential for Youth,’ offering various advice to help young adults and early career workers achieve their financial goals. Policy products such as the Youth Leap Account and ISA (Individual Savings Account) were introduced to achieve medium- and short-term financial goals like marriage and housing preparation, emphasizing the importance of expenditure management. Regarding long-term financial goals such as retirement preparation, the domestic pension system was explained, and retirement planning suitable for individual financial situations was proposed.

The second part of the talk concert consisted of a Q&A session and open discussion with the youth. During the open discussion, Youth A said, “Although finance is important, during school days it was vaguely perceived as difficult, and there was no one to teach it, which was regrettable,” adding, “It is necessary to strengthen financial education in public education so that adolescents and youth can easily access finance.” In particular, everyone, including Shuka and the attending youth, agreed that it is a desirable direction that ‘Finance and Economic Life’ was included as an elective social studies subject in the 2022 revised curriculum, allowing high school sophomores to study it starting in 2026.

Additionally, the youth freely expressed their opinions on ‘Policies Needed by Youth.’ Youth B said, “It would be good to have easy access channels to finance like this talk concert,” and added, “I look forward to the opening of a ‘One-Stop Youth Financial Consulting Center’ where one can diagnose their financial situation and receive financial consulting both face-to-face and online.” They also mentioned, “From the perspective of youth with little financial experience, timely education at important moments such as opening a credit card or executing the first loan was very helpful,” and suggested, “It would be great to have active participation from private financial companies that have many touchpoints with youth.”

The Financial Services Commission and the Financial Supervisory Service will continue the ‘Youth, Finance in My Own Way’ campaign until the end of November to strengthen promotion of the necessity of financial education. They also plan to complete the reorganization of the e-Financial Education Center this year to establish a system where the public can easily access various financial education programs from different institutions all in one place.