The young people’s two years of hard work bear fruit!

▲ Geochang-gun, 100 young people’s Stepping Stone account savings expire

[Global Economic Times] Geochang-gun announced that the savings of 100 participants in the ‘Youth Stepping Stone Account’ project will expire in 2022, and that the maturity savings will be paid by the 25th of this month.

The 'Youth Stepping Stone Account' is a project that Geochang-gun is promoting from 2022 to support young people's asset formation to ensure their living base and help them achieve economic independence and stable living. If young people and the military jointly save 200,000 won per month for two years, , at maturity, a lump sum of about 10 million won, which is twice the amount saved by the young person, can be raised.

As a result of investigating the plans of those subject to maturity to use their savings, housing expenses were the highest (61.6%), followed by other expenses such as child support and loan repayment (22.2%), start-up funds (8.9%), job-seeking activities (5.6%), and marriage funds (22.2%). 2.2.%) appeared in that order.

A young man who participated in the project said, “I am proud to have received the maturity savings by paying consistently for two years without giving up midway,” and added, “It was a great help to be able to save a lump sum during an economically difficult time, and it will also help relieve the burden of housing costs.” “It’s the same,” he said.

Geochang County Mayor Koo In-mo said, “I hope that the Youth Stepping Stone Account will help local youth become independent and become an important stepping stone for developing the future.” He added, “I hope that the maturity savings will be a great help in helping young people settle in the region and lead a stable life.” He sent a message of support.