[Gold Age 22] Hong Seong-guk "Early Financial Education Needed... Learning by Ear Leads to Cold Age"

Hong Seong-guk, a member of the Democratic Party of Korea, is giving a congratulatory speech at the 2022 Asia Economy Golden Age Forum held at the Bankers Hall in Jung-gu, Seoul on the 20th. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Ji Yeon-jin] On the 20th, Hong Seong-guk, a member of the Democratic Party of Korea, said, "If financial education is properly learned from a young age, it will lead to a 'Gold Age' (a warm old age), but if learned by eavesdropping on YouTube and other sources, it will lead to a 'Cold Age' (a poor old age)."

On the same day, Hong emphasized the importance of early financial education during his congratulatory speech at the '2022 Asia Economy Gold Age Forum' held at the Bankers' Hall in Myeong-dong, Seoul, hosted by Asia Economy.

He explained, "Just as Koreans give congratulatory money at weddings, Jewish people receive huge monetary gifts from relatives when they have their coming-of-age ceremony. (With this money) they invest, manage, and study before entering university, mastering the market themselves, which is why Jewish people lead the global financial markets."

He continued, "The low birthrate problem in our country is also due to anxiety about old age, leading to avoidance of childbirth," and added, "I hope that through the various methods introduced at the Asia Economy Gold Age Forum, people will receive proper financial education and become a Gold Age, not a Cold Age."

This content was produced with the assistance of AI translation services.