Hanwha Asset Management announced on June 25 that it is recruiting participants for the second session of the "Financial Education for Self-Reliant Youth" program, held in collaboration with Good Neighbors Seoul Jungnam Branch.
This financial education program provides basic asset management training for self-reliant youth who have been independent from protective facilities for 4 to 8 years. The application period runs until July 6.
Selected participants will receive education on the following topics: the concept and necessity of asset management, basics of macroeconomics, financial products and ISA accounts, as well as the management of severance pay and pensions. There will also be two employee mentoring sessions to address questions about asset management. Those who complete the entire program will receive a self-reliance support grant of 2 million won.
Participants will also have the opportunity to join a "Community Day" event, where they can attend a Hanwha Eagles baseball game together with the first session participants and engage in networking. This event aims to activate the self-reliant youth network, with the expectation that it will provide a foundation for participants to support each other and achieve mutual growth from a long-term perspective.
The program was designed to teach stable asset management methods to self-reliant youth who have been independent for 4 to 8 years. Most self-reliant youth start working immediately to support themselves, but due to a lack of financial education opportunities, they face difficulties in building and managing assets. In addition, while support for youth within five years of independence is well established, support beyond that period remains insufficient.
A Hanwha Asset Management representative stated, "When we listen to young people, we often hear that due to a lack of financial knowledge, they take out excessive loans for investment or lose their savings in an instant due to poor advice or misjudgment," adding, "We aim to present a sound direction for asset management so that these young people can protect and grow the money they have worked hard to earn."
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