Financial Supervisory Service Produces and Distributes 'Financial Education Videos' for Youth
[Asia Economy Reporter Kwangho Lee] The Financial Supervisory Service (FSS) announced on the 13th that it will produce and distribute financial education videos to promote proper financial habits among teenagers.
The FSS, together with the Korea Investor Education Association and the Credit Finance Association, produced a total of four videos: two on proper understanding of stock investment, one on preventing illegal part-time jobs, and one on precautions when teenagers use credit cards.
First, due to the recent increased interest of teenagers in stock investment, the FSS co-planned two educational videos with the Korea Investor Education Association and EBS to cultivate sound investment habits.
To help teenagers understand that investing is not simply a way to make money but to learn the right investor attitude, the first video covers topics such as "The Origin of Stocks" and "The Risks of Blind Investment," while the second video addresses "The Difference Between Speculation and Investment" and "Diversified Investment."
Additionally, to help teenagers easily understand illegal part-time jobs and prevent related damages, an educational video in the form of a drama featuring teenagers was produced.
Furthermore, to help teenagers properly understand credit cards, an educational video (in the form of a youth drama) comparing the pros and cons of card usage was created.
The FSS plans to guide frontline schools through cooperation with the Ministry of Education so that students can watch the educational videos during class time, and will also deliver the videos to financial companies to actively utilize them in financial education programs at partnered schools (one company-one school financial education).
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An FSS official stated, "Going forward, the FSS will continue to produce and distribute timely financial education videos tailored to teenagers' perspectives to enhance their financial capabilities."
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