Vice Chairman Kim Soyoung of the Financial Services Commission presided over a meeting with related authorities and organizations on December 22 to discuss measures to strengthen financial education intended for young adults. In his opening remarks, Vice Chairman Kim discussed the importance of educating young adults about proper ways to manage personal finances so that they can be well aware of the risk of accruing debts at an excessive level as well as the danger of high interest rates in investment and so on. To boost the effectiveness of financial education programs, Vice Chairman Kim said that the authorities will work to design these programs tailored to the needs of different situations to ensure that financial education programs are provided to young adults at teachable moments.