"Invested Allowance to Watch Son Heung-min"... Financial Supervisory Service Hosts Financial Contest Award Ceremony

[Asia Economy Reporter Song Seung-seop] On the 24th, the Financial Supervisory Service held the awards ceremony for the '17th Financial Contest' at the main auditorium in Yeongdeungpo-gu, Seoul.

The Financial Contest is a program designed to enhance the public's understanding and interest in finance and to promote financial education. It is conducted with the support of the Ministry of Education, metropolitan and provincial offices of education nationwide, and six financial associations. This contest received a total of 1,775 entries across four categories. Based on evaluations by external experts, 25 recipients were awarded the Financial Supervisory Service Commissioner Award, 40 received the Minister of Education and Superintendent of Education Awards, and 96 were honored with the Financial Association President Awards.

In the youth financial creative works category, Lee Tae-woo, a student at Seoul Jingwan Elementary School, who saved his allowance and practiced saving and investing using financial knowledge to raise funds for Son Heung-min’s match ticket, won the 'Best Elementary Writing Award.' In the middle school writing category, Son Ye-seo, a student at Daeseong Girls' Middle School, who exchanged a piggy bank saved over 10 years since kindergarten into bills and gave it to her mother, received the top prize. Other top-winning contents included explanations of hacking and voice phishing cases, illegal stock reading rooms, and nudges to improve the effectiveness of the financial product explanation obligation system.

Lee Bok-hyun, Governor of the Financial Supervisory Service, stated, “The Financial Contest is part of efforts to enhance financial consumers' financial capabilities,” adding, “The experience of preparing works for the contest will help develop the financial capabilities of the awardees and serve as an opportunity to spark interest in finance among many financial consumers.”

Cho Hee-yeon, Superintendent of the Seoul Metropolitan Office of Education, also commented via a video message, “Positive interest and efforts to learn about finance will enrich not only individuals’ lives but also communities and the nation.”

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