KB Asset Management announced on December 17 that it has conducted a financial and economic education program to enhance the financial literacy of young adults preparing for independence and to support their stable entry into society.
This program, named 'RISE Youth Start,' is part of KB Asset Management's social contribution activities and is linked to its exchange-traded fund (ETF) brand 'RISE.'
The training, held on December 16 at the KB Asset Management headquarters in Yeouido, Seoul, targeted 22 young adults preparing for independence who are beginning to live on their own around the age of 18 after leaving care facilities or foster homes.
The lecture was delivered by Cha Hyunwoo, Head of Retirement Marketing at KB Asset Management. In addition to providing education on the basics of finance and economics and a broad overview of financial products, participants also received daily necessities such as KB Star Friends towels and reusable bags that can be used in their independent lives.
Young adults who completed the basic economic and financial education will receive support of up to 800,000 won per person for expenses related to job preparation, including certification exam fees, job training costs, and language test fees.
Through 'RISE Youth Start,' KB Asset Management aims to strengthen the basic financial capabilities of young adults preparing for independence, help them develop sound asset management habits, and ease the financial burden of job preparation, thereby contributing to the establishment of a solid foundation for their independence.
Kim Youngsung, CEO of KB Asset Management, stated, "Basic financial education is an essential element for young adults preparing for independence to design their own futures. We will continue to support their stable independence and growth through education based on financial expertise and assistance for obtaining certifications."
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