The FSC held a meeting with the 2030 youth policy advisory group on July 24 and had talks on strengthening the availability of financial education programs and ways to better help young adults to build up assets. At the meeting, FSC Vice Chairman Kim So-young spoke about some of the difficulties experienced by young adults, such as widening asset gaps, worsening job insecurity and housing instability. Against this backdrop, Vice Chairman Kim said that fraudulent dealings in the home rental market and illegal private lending practices are acting as additional barriers for young adults in building their assets. In this regard, Vice Chairman Kim said that it is necessary to provide support for financial education to ensure that young adults can see the value in accumulating assets with a medium- to long-term perspective, instead of seeking a highly leveraged or high-risk approach to managing their assets. To help promote financial education programs and introduce more youth-centered financial products, Vice Chairman Kim said that the government along with the relevant institutions and financial sectors should work closely together with the young people.