“So managing a salary doesn’t feel overwhelming” ... Woori Financial Group holds a financial seminar for young people preparing to live independently

[Financial News] Woori Financial Group’s Woori Financial Future Foundation shared practical financial know-how with young people taking their first steps toward independence, including how to manage a salary and what to keep in mind when purchasing insurance. Employees of Woori Investment & Securities and Tongyang Life served as instructors, helping them manage their finances in the early stages of independent living and prepare for the future.
According to financial industry sources on the 2nd, Woori Financial Future Foundation held a financial seminar on the 31st of last month at Woori Financial Group’s headquarters in Jung District, Seoul, for 100 young people preparing to live independently who were participating in the seventh cohort of the “WOORI CHANCE Financial Education” program.
WOORI CHANCE Financial Education is a program that offers financial seminars and six months of one-on-one financial education. The foundation provides matching savings contributions based on how much each young person saves, helping them gain financial knowledge and build assets.
Employees of Woori Investment & Securities and Tongyang Life participated as instructors in the seminar. Woori Investment & Securities employees introduced ways to manage income and expenses and to manage a salary systematically. Tongyang Life employees explained how to make a financial plan and what to keep in mind when purchasing insurance, focusing on areas where coverage is essential.
This financial education program was organized to help young people gain the financial knowledge they need at the start of independent living and develop healthy financial habits.
Meanwhile, Woori Financial Future Foundation runs “WOORI CHANCE,” a life-stage support program for children in care and young people preparing to live independently. Through initiatives including first-birthday celebrations, dream-support boxes, career and education support for young people, independent-living kits and employment support, it has supported about 7,600 children, adolescents and young adults this year alone.
[email protected] Lee Hyun-jung Reporter