{"content_id":"ub6yvcjmvi","slug":"youth-financial-counseling-eligibility-application-benefits","locale":"en","schema_type":"HowTo","category":"policy_guide","category_name":"Policy Guide","title":"Financial Counseling for All Young Adults: Eligibility, Process, and Preferential Rates","summary":"Young adults aged 19–34 can receive one-on-one personalized financial counseling and follow-up support in person, through financial institutions, or online after completing an online financial assessment. Those who complete the counseling may also receive a 0.2 percentage-point preferential interest rate on the Youth Future Savings Account and a KCB credit management service voucher if they meet the specified requirements.","sponsorship_disclosure":null,"author":{"name":"Injoys Editorial Team","url":"https://injoys.com/ko/about"},"key_points":["Enter financial information, including income, assets, and debt, on the official website and complete the online financial assessment.","After reviewing the assessment results, select an available type and schedule from outreach financial counseling, financial institution counseling, or online counseling.","Work with a professional counselor to develop plans for budgeting, saving and investing, credit, and debt management, and receive in-depth counseling if needed.","At the follow-up counseling session held about one month later, review your progress and check for any necessary connections to employment or welfare support.","If you are enrolled in the Youth Future Savings Account, check whether you completed the counseling by the end of the month three months before the maturity date to maintain eligibility for the preferential interest rate."],"content_markdown":"The government-run “Financial Counseling for All Young People” service helps young people assess their financial situation and develop an action plan with a professional. It goes beyond a one-time consultation to include follow-up reviews and connections to credit, employment, and welfare services.\n\n## Eligibility and Counseling Topics\n\nThe basic eligibility requirement is **young people aged 19–34 as of the application date**. Age is determined based on the date the application is submitted on the website, not the date the counseling actually takes place.\n\nFor example, someone who turns 35 on August 15 must apply by August 14 to meet the age requirement. Detailed requirements for identity verification or system use should be checked again on the application page.\n\nThe counseling comprehensively reviews the individual’s income, assets, expenses, debt, and credit status. The main areas covered include:\n\n- Monthly budgeting and living expense management\n- Emergency funds and goal-specific savings plans\n- Review of available investment funds and risk levels\n- Loan repayment order and debt management\n- Financial habits that affect credit scores\n- Connections to necessary employment, welfare, and inclusive finance support\n\nRather than focusing solely on enrollment in a particular financial product, the counseling aims to assess the person’s current financial situation and develop an actionable management plan.\n\n## Step 1: Online Financial Assessment\n\nEnter your financial information on the official website and complete an online assessment. Use automatic data linkage for information available from credit rating agencies, and manually enter income, expenses, and asset information that cannot be verified automatically.\n\nTo improve the accuracy of the financial assessment, it is helpful to organize the following information in advance.\n\n| Item to Check | Information to Prepare |\n|---|---|\n| Income | Average monthly salary, business income, part-time income, etc. |\n| Fixed expenses | Rent, maintenance fees, telecommunications expenses, insurance premiums, subscription fees |\n| Variable expenses | Average food, transportation, leisure, and other expenses over the past 1–3 months |\n| Assets | Deposits, installment savings, investment assets, rental deposits |\n| Debt | Loan types, outstanding balances, interest rates, monthly repayments, maturity dates |\n| Goals | Debt repayment, building an emergency fund, preparing housing expenses, etc. |\n\nThe financial assessment results serve as basic information for determining the direction of the counseling. Rather than focusing on the score itself, it is important to identify which expenses and debts are putting pressure on cash flow.\n\n## Step 2: Select the Counseling Type and Schedule\n\nAfter completing the online assessment, select an available counseling type and schedule. Available times may vary depending on the region and reservation status.\n\n| Counseling Type | Method | Suitable For |\n|---|---|---|\n| On-site financial counseling | A counselor visits an agreed-upon location | Those who have difficulty visiting a bank or need evening or weekend counseling |\n| Financial institution counseling | Visit a counseling desk at a participating bank or other financial institution | Those who want in-person counseling at a nearby participating location |\n| Online financial counseling | Counseling conducted remotely | Those who have difficulty traveling or prefer online counseling |\n\nA counselor may call after the application to coordinate the counseling time, so applicants should check the registered contact number and missed calls. On-site counseling is also available on weekday evenings and weekends, but actual availability may vary depending on the regional schedule at the time of application.\n\n## Step 3: Customized Financial Counseling\n\nA professional counselor reviews the online assessment results together with the client’s goals. To make effective use of the counseling, it is better to specify a target amount and timeframe rather than vaguely saying, “I want to save money.”\n\nFor example, you can prepare questions such as:\n\n- If I have several loans with different interest rates, in what order should I repay them?\n- Which should I prioritize, building an emergency fund or repaying loans?\n- What is a realistic amount I can save from my monthly salary?\n- What should I change first to manage my credit without late payments?\n- How should I separate funds needed for moving or preparing for employment?\n\nDepending on the counseling results, additional in-depth counseling may be provided. However, counseling does not guarantee loan approval, investment returns, or eligibility for a particular subsidy.\n\n## Step 4: Follow-up Counseling and Support Connections\n\nAbout one month after the initial counseling session, the counselor calls to review progress. The counselor checks how well the budget, savings, or debt repayment plan established during the initial counseling has been implemented and adjusts any difficult areas.\n\nDepending on the individual’s circumstances, they may be connected not only to credit and debt services but also to related employment, welfare, and other support services. Whether a connection is made and whether the applicant is actually selected for support are subject to the separate requirements and review procedures of each program.\n\nBefore the follow-up counseling session, it is helpful to record the following three items:\n\n1. Expenses actually reduced after the counseling and the amounts\n2. Items that could not be paid or repaid as planned and the reasons\n3. New changes in income, housing, employment, or other circumstances\n\n## Preferential Interest Rate Requirements for the Youth Future Savings Account\n\nYoung people who complete the financial counseling may receive a **0.2%p preferential interest rate** if they meet the relevant requirements for the Youth Future Savings Account. The 0.2%p is not a relative increase in the interest rate but a percentage-point amount added to the stated rate. For example, if the base annual interest rate is 3.0%, adding 0.2%p results in an annual interest rate of 3.2%.\n\nThe key requirement is to **complete the financial counseling by the last day of the month that falls three months before the savings account’s maturity date**. If the maturity date is July 27, 2029, this means the counseling must be completed by April 30, 2029.\n\nPrevious counseling records may be recognized even if the counseling is completed first and the person enrolls in the Youth Future Savings Account later. Conversely, if counseling is received after enrollment in the savings account, the specified completion deadline must still be met. According to the stated linkage process, the rate is applied through the counseling completion record without requiring a separate preferential interest rate application or submission of supporting documents.\n\nHowever, actual application of the preferential rate is confirmed only after all relevant conditions are met, including eligibility for the Youth Future Savings Account, the financial institution and product terms, and matching personal identification information. At the time of enrollment, applicants should review the official product description for the preferential interest rate requirements and the conditions for maintaining the account until maturity.\n\n## KCB Credit Management Service Benefits\n\nThose who complete the counseling receive a pass to use the KCB online credit management service. The stated benefit allows users to **view a credit management report free of charge once per month for one year**.\n\nWhen reviewing the credit management report, it is important to monitor changes in credit status regularly. Rather than checking only whether the score has temporarily risen or fallen, the following items should also be reviewed:\n\n- Outstanding loan balances and repayment history\n- Whether any late or short-term overdue payments have occurred\n- Changes in credit transactions, such as new loans and card issuance\n- Whether the registered information contains any transactions the user does not recognize\n\nThe pass registration method and validity period should be confirmed based on the issuance instructions. Reviewing a credit report itself does not guarantee loan approval or an increase in credit score.\n\n## Reviewing Personal and Financial Information Before Counseling\n\nThe online financial assessment may include sensitive financial information such as income, assets, debt, and credit. Before applying, applicants should review the operating institution, the purpose of personal information collection, recipient institutions, retention period, and method for withdrawing consent.\n\n- Verify the address and security certificate to ensure that the website belongs to the official operating institution.\n- Access the service through the official website’s menu rather than through an address received by text message or messenger.\n- Do not disclose account passwords, card PINs, or one-time verification codes that are not required for counseling.\n- Check whether automatically linked information and manually entered amounts match the actual situation.\n- Avoid using public devices, and log out after finishing.\n\nDo not respond to contacts impersonating a government-supported counseling service and requesting fees, money transfers, loan execution, or enrollment in financial products. If a contact seems suspicious, it is safest to look up the institution’s official main telephone number directly and verify whether the contact is legitimate.\n\n## Final Checklist Before Applying\n\n| Item to Check | Check Criteria |\n|---|---|\n| Age | Confirm that you are aged 19–34 as of the online application date |\n| Contact information | Confirm that the number can receive calls to coordinate the counseling schedule |\n| Counseling method | Confirm an available type among on-site, financial institution, and online counseling |\n| Financial information | Organize income, expenses, assets, and debt using the most recent information |\n| Counseling goals | Specify the issue to be resolved and the target timeframe |\n| Preferential interest rate | Confirm whether counseling can be completed by the last day of the month that falls three months before the Youth Future Savings Account’s maturity date |\n| Personal information | Check the scope of collection and linkage and the retention period on the application page |\n\nThe service schedule, participating financial institutions, regions where reservations are available, and linked benefits may change. For the most accurate information, check the latest notices from the Korea Inclusive Finance Agency and the Financial Services Commission, as well as the terms of use displayed on the application page, immediately before applying.","content_html":"\u003cp\u003eThe government-run “Financial Counseling for All Young People” service helps young people assess their financial situation and develop an action plan with a professional. It goes beyond a one-time consultation to include follow-up reviews and connections to credit, employment, and welfare services.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#eligibility-and-counseling-topics\" class=\"anchor\" id=\"eligibility-and-counseling-topics\"\u003e\u003c/a\u003eEligibility and Counseling Topics\u003c/h2\u003e\n\u003cp\u003eThe basic eligibility requirement is \u003cstrong\u003eyoung people aged 19–34 as of the application date\u003c/strong\u003e. Age is determined based on the date the application is submitted on the website, not the date the counseling actually takes place.\u003c/p\u003e\n\u003cp\u003eFor example, someone who turns 35 on August 15 must apply by August 14 to meet the age requirement. Detailed requirements for identity verification or system use should be checked again on the application page.\u003c/p\u003e\n\u003cp\u003eThe counseling comprehensively reviews the individual’s income, assets, expenses, debt, and credit status. The main areas covered include:\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eMonthly budgeting and living expense management\u003c/li\u003e\n\u003cli\u003eEmergency funds and goal-specific savings plans\u003c/li\u003e\n\u003cli\u003eReview of available investment funds and risk levels\u003c/li\u003e\n\u003cli\u003eLoan repayment order and debt management\u003c/li\u003e\n\u003cli\u003eFinancial habits that affect credit scores\u003c/li\u003e\n\u003cli\u003eConnections to necessary employment, welfare, and inclusive finance support\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eRather than focusing solely on enrollment in a particular financial product, the counseling aims to assess the person’s current financial situation and develop an actionable management plan.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#step-1-online-financial-assessment\" class=\"anchor\" id=\"step-1-online-financial-assessment\"\u003e\u003c/a\u003eStep 1: Online Financial Assessment\u003c/h2\u003e\n\u003cp\u003eEnter your financial information on the official website and complete an online assessment. Use automatic data linkage for information available from credit rating agencies, and manually enter income, expenses, and asset information that cannot be verified automatically.\u003c/p\u003e\n\u003cp\u003eTo improve the accuracy of the financial assessment, it is helpful to organize the following information in advance.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eItem to Check\u003c/th\u003e\n\u003cth\u003eInformation to Prepare\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eIncome\u003c/td\u003e\n\u003ctd data-label=\"Information to Prepare\"\u003eAverage monthly salary, business income, part-time income, etc.\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eFixed expenses\u003c/td\u003e\n\u003ctd data-label=\"Information to Prepare\"\u003eRent, maintenance fees, telecommunications expenses, insurance premiums, subscription fees\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eVariable expenses\u003c/td\u003e\n\u003ctd data-label=\"Information to Prepare\"\u003eAverage food, transportation, leisure, and other expenses over the past 1–3 months\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eAssets\u003c/td\u003e\n\u003ctd data-label=\"Information to Prepare\"\u003eDeposits, installment savings, investment assets, rental deposits\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eDebt\u003c/td\u003e\n\u003ctd data-label=\"Information to Prepare\"\u003eLoan types, outstanding balances, interest rates, monthly repayments, maturity dates\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eGoals\u003c/td\u003e\n\u003ctd data-label=\"Information to Prepare\"\u003eDebt repayment, building an emergency fund, preparing housing expenses, etc.\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eThe financial assessment results serve as basic information for determining the direction of the counseling. Rather than focusing on the score itself, it is important to identify which expenses and debts are putting pressure on cash flow.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#step-2-select-the-counseling-type-and-schedule\" class=\"anchor\" id=\"step-2-select-the-counseling-type-and-schedule\"\u003e\u003c/a\u003eStep 2: Select the Counseling Type and Schedule\u003c/h2\u003e\n\u003cp\u003eAfter completing the online assessment, select an available counseling type and schedule. Available times may vary depending on the region and reservation status.\u003c/p\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eCounseling Type\u003c/th\u003e\n\u003cth\u003eMethod\u003c/th\u003e\n\u003cth\u003eSuitable For\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Counseling Type\"\u003eOn-site financial counseling\u003c/td\u003e\n\u003ctd data-label=\"Method\"\u003eA counselor visits an agreed-upon location\u003c/td\u003e\n\u003ctd data-label=\"Suitable For\"\u003eThose who have difficulty visiting a bank or need evening or weekend counseling\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Counseling Type\"\u003eFinancial institution counseling\u003c/td\u003e\n\u003ctd data-label=\"Method\"\u003eVisit a counseling desk at a participating bank or other financial institution\u003c/td\u003e\n\u003ctd data-label=\"Suitable For\"\u003eThose who want in-person counseling at a nearby participating location\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Counseling Type\"\u003eOnline financial counseling\u003c/td\u003e\n\u003ctd data-label=\"Method\"\u003eCounseling conducted remotely\u003c/td\u003e\n\u003ctd data-label=\"Suitable For\"\u003eThose who have difficulty traveling or prefer online counseling\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eA counselor may call after the application to coordinate the counseling time, so applicants should check the registered contact number and missed calls. On-site counseling is also available on weekday evenings and weekends, but actual availability may vary depending on the regional schedule at the time of application.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#step-3-customized-financial-counseling\" class=\"anchor\" id=\"step-3-customized-financial-counseling\"\u003e\u003c/a\u003eStep 3: Customized Financial Counseling\u003c/h2\u003e\n\u003cp\u003eA professional counselor reviews the online assessment results together with the client’s goals. To make effective use of the counseling, it is better to specify a target amount and timeframe rather than vaguely saying, “I want to save money.”\u003c/p\u003e\n\u003cp\u003eFor example, you can prepare questions such as:\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eIf I have several loans with different interest rates, in what order should I repay them?\u003c/li\u003e\n\u003cli\u003eWhich should I prioritize, building an emergency fund or repaying loans?\u003c/li\u003e\n\u003cli\u003eWhat is a realistic amount I can save from my monthly salary?\u003c/li\u003e\n\u003cli\u003eWhat should I change first to manage my credit without late payments?\u003c/li\u003e\n\u003cli\u003eHow should I separate funds needed for moving or preparing for employment?\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eDepending on the counseling results, additional in-depth counseling may be provided. However, counseling does not guarantee loan approval, investment returns, or eligibility for a particular subsidy.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#step-4-follow-up-counseling-and-support-connections\" class=\"anchor\" id=\"step-4-follow-up-counseling-and-support-connections\"\u003e\u003c/a\u003eStep 4: Follow-up Counseling and Support Connections\u003c/h2\u003e\n\u003cp\u003eAbout one month after the initial counseling session, the counselor calls to review progress. The counselor checks how well the budget, savings, or debt repayment plan established during the initial counseling has been implemented and adjusts any difficult areas.\u003c/p\u003e\n\u003cp\u003eDepending on the individual’s circumstances, they may be connected not only to credit and debt services but also to related employment, welfare, and other support services. Whether a connection is made and whether the applicant is actually selected for support are subject to the separate requirements and review procedures of each program.\u003c/p\u003e\n\u003cp\u003eBefore the follow-up counseling session, it is helpful to record the following three items:\u003c/p\u003e\n\u003col\u003e\n\u003cli\u003eExpenses actually reduced after the counseling and the amounts\u003c/li\u003e\n\u003cli\u003eItems that could not be paid or repaid as planned and the reasons\u003c/li\u003e\n\u003cli\u003eNew changes in income, housing, employment, or other circumstances\u003c/li\u003e\n\u003c/ol\u003e\n\u003ch2\u003e\n\u003ca href=\"#preferential-interest-rate-requirements-for-the-youth-future-savings-account\" class=\"anchor\" id=\"preferential-interest-rate-requirements-for-the-youth-future-savings-account\"\u003e\u003c/a\u003ePreferential Interest Rate Requirements for the Youth Future Savings Account\u003c/h2\u003e\n\u003cp\u003eYoung people who complete the financial counseling may receive a \u003cstrong\u003e0.2%p preferential interest rate\u003c/strong\u003e if they meet the relevant requirements for the Youth Future Savings Account. The 0.2%p is not a relative increase in the interest rate but a percentage-point amount added to the stated rate. For example, if the base annual interest rate is 3.0%, adding 0.2%p results in an annual interest rate of 3.2%.\u003c/p\u003e\n\u003cp\u003eThe key requirement is to \u003cstrong\u003ecomplete the financial counseling by the last day of the month that falls three months before the savings account’s maturity date\u003c/strong\u003e. If the maturity date is July 27, 2029, this means the counseling must be completed by April 30, 2029.\u003c/p\u003e\n\u003cp\u003ePrevious counseling records may be recognized even if the counseling is completed first and the person enrolls in the Youth Future Savings Account later. Conversely, if counseling is received after enrollment in the savings account, the specified completion deadline must still be met. According to the stated linkage process, the rate is applied through the counseling completion record without requiring a separate preferential interest rate application or submission of supporting documents.\u003c/p\u003e\n\u003cp\u003eHowever, actual application of the preferential rate is confirmed only after all relevant conditions are met, including eligibility for the Youth Future Savings Account, the financial institution and product terms, and matching personal identification information. At the time of enrollment, applicants should review the official product description for the preferential interest rate requirements and the conditions for maintaining the account until maturity.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#kcb-credit-management-service-benefits\" class=\"anchor\" id=\"kcb-credit-management-service-benefits\"\u003e\u003c/a\u003eKCB Credit Management Service Benefits\u003c/h2\u003e\n\u003cp\u003eThose who complete the counseling receive a pass to use the KCB online credit management service. The stated benefit allows users to \u003cstrong\u003eview a credit management report free of charge once per month for one year\u003c/strong\u003e.\u003c/p\u003e\n\u003cp\u003eWhen reviewing the credit management report, it is important to monitor changes in credit status regularly. Rather than checking only whether the score has temporarily risen or fallen, the following items should also be reviewed:\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eOutstanding loan balances and repayment history\u003c/li\u003e\n\u003cli\u003eWhether any late or short-term overdue payments have occurred\u003c/li\u003e\n\u003cli\u003eChanges in credit transactions, such as new loans and card issuance\u003c/li\u003e\n\u003cli\u003eWhether the registered information contains any transactions the user does not recognize\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eThe pass registration method and validity period should be confirmed based on the issuance instructions. Reviewing a credit report itself does not guarantee loan approval or an increase in credit score.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#reviewing-personal-and-financial-information-before-counseling\" class=\"anchor\" id=\"reviewing-personal-and-financial-information-before-counseling\"\u003e\u003c/a\u003eReviewing Personal and Financial Information Before Counseling\u003c/h2\u003e\n\u003cp\u003eThe online financial assessment may include sensitive financial information such as income, assets, debt, and credit. Before applying, applicants should review the operating institution, the purpose of personal information collection, recipient institutions, retention period, and method for withdrawing consent.\u003c/p\u003e\n\u003cul\u003e\n\u003cli\u003eVerify the address and security certificate to ensure that the website belongs to the official operating institution.\u003c/li\u003e\n\u003cli\u003eAccess the service through the official website’s menu rather than through an address received by text message or messenger.\u003c/li\u003e\n\u003cli\u003eDo not disclose account passwords, card PINs, or one-time verification codes that are not required for counseling.\u003c/li\u003e\n\u003cli\u003eCheck whether automatically linked information and manually entered amounts match the actual situation.\u003c/li\u003e\n\u003cli\u003eAvoid using public devices, and log out after finishing.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003eDo not respond to contacts impersonating a government-supported counseling service and requesting fees, money transfers, loan execution, or enrollment in financial products. If a contact seems suspicious, it is safest to look up the institution’s official main telephone number directly and verify whether the contact is legitimate.\u003c/p\u003e\n\u003ch2\u003e\n\u003ca href=\"#final-checklist-before-applying\" class=\"anchor\" id=\"final-checklist-before-applying\"\u003e\u003c/a\u003eFinal Checklist Before Applying\u003c/h2\u003e\n\u003cdiv class=\"overflow-x-auto\"\u003e\u003ctable\u003e\n\u003cthead\u003e\n\u003ctr\u003e\n\u003cth\u003eItem to Check\u003c/th\u003e\n\u003cth\u003eCheck Criteria\u003c/th\u003e\n\u003c/tr\u003e\n\u003c/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eAge\u003c/td\u003e\n\u003ctd data-label=\"Check Criteria\"\u003eConfirm that you are aged 19–34 as of the online application date\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eContact information\u003c/td\u003e\n\u003ctd data-label=\"Check Criteria\"\u003eConfirm that the number can receive calls to coordinate the counseling schedule\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eCounseling method\u003c/td\u003e\n\u003ctd data-label=\"Check Criteria\"\u003eConfirm an available type among on-site, financial institution, and online counseling\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eFinancial information\u003c/td\u003e\n\u003ctd data-label=\"Check Criteria\"\u003eOrganize income, expenses, assets, and debt using the most recent information\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003eCounseling goals\u003c/td\u003e\n\u003ctd data-label=\"Check Criteria\"\u003eSpecify the issue to be resolved and the target timeframe\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003ePreferential interest rate\u003c/td\u003e\n\u003ctd data-label=\"Check Criteria\"\u003eConfirm whether counseling can be completed by the last day of the month that falls three months before the Youth Future Savings Account’s maturity date\u003c/td\u003e\n\u003c/tr\u003e\n\u003ctr\u003e\n\u003ctd data-label=\"Item to Check\"\u003ePersonal information\u003c/td\u003e\n\u003ctd data-label=\"Check Criteria\"\u003eCheck the scope of collection and linkage and the retention period on the application page\u003c/td\u003e\n\u003c/tr\u003e\n\u003c/tbody\u003e\n\u003c/table\u003e\u003c/div\u003e\n\u003cp\u003eThe service schedule, participating financial institutions, regions where reservations are available, and linked benefits may change. For the most accurate information, check the latest notices from the Korea Inclusive Finance Agency and the Financial Services Commission, as well as the terms of use displayed on the application page, immediately before applying.\u003c/p\u003e\n","tags":["Youth Future Savings","Everyday Finance","Financial Counseling"],"faqs":[{"question":"I am 34 years old. Can I receive counseling if my birthday passes soon?","answer":"Age is checked based on the date you apply on the website, not the actual counseling date. If you apply by the day before you turn 35 and meet the age requirement, you may attend a counseling session scheduled for a later date."},{"question":"Do I have to enroll in the Youth Future Savings Account first to receive the preferential interest rate?","answer":"Even if you complete the financial counseling first and enroll in the Youth Future Savings Account later, your previous counseling record may be recognized. If you enrolled in the savings account first, you must complete the counseling by the last day of the month three months before the maturity date. Actual eligibility is confirmed only after all conditions are met, including the product terms and a match in your identifying information."},{"question":"Can I receive counseling after 6 p.m. on weekdays or on weekends?","answer":"The visiting financial counseling service also offers weekday evening and weekend appointments. However, available times may vary depending on the region, counselor availability, and booking status, so you must check the actual available schedule on the application page."},{"question":"Is the financial counseling free?","answer":"This financial counseling provided by the government to young people is described as a support service that does not charge a separate counseling fee. Any contact that impersonates the counseling service and asks you to transfer money or enroll in a financial product should be verified through the official operating organization."},{"question":"What information do I enter for the online financial assessment?","answer":"You enter the financial information needed for counseling, including income, expenses, assets, debt, and credit status. Some credit information may be retrieved from a credit rating agency with your consent, while items that cannot be verified automatically must be entered manually."},{"question":"Is the 0.2 percentage point preferential interest rate automatically applied once I complete the counseling?","answer":"It is not guaranteed for everyone solely by completing the counseling. You must meet all relevant conditions, including eligibility for the Youth Future Savings Account, the product terms, the counseling completion deadline, and a match in your personal information, so you should check the final guidance from the financial institution where you enroll."},{"question":"How is the deadline for completing the requirements for the Youth Future Savings Account's preferential interest rate calculated?","answer":"You must complete the counseling by the last day of the month that is three months before the savings account's maturity date. For example, if the maturity date is July 27, 2029, you must complete it by April 30, 2029."},{"question":"Can I receive additional assistance after the counseling?","answer":"About one month after the initial counseling, you can review whether the plan has been implemented through a follow-up phone consultation. Depending on your individual circumstances, you may be referred to in-depth financial counseling or related services such as employment and welfare support, but access to each type of support is determined by separate requirements."},{"question":"What can I receive through the KCB credit management service?","answer":"Those who complete the counseling are reportedly provided with a voucher allowing them to view an online credit management report free of charge once a month for one year. You must check the voucher issuance information for the registration method and exact period of use."}],"sources":[{"url":"https://www.kinfa.or.kr/","title":"Korea Inclusive Finance Agency","type":"source"},{"url":"https://www.fsc.go.kr/","title":"Financial Services Commission","type":"source"},{"url":"https://www.instagram.com/weareyouth_kr/","title":"Official Youth Policy Channel of the Republic of Korea","type":"source"}],"images":[{"id":671,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6ODM1MywicHVyIjoiYmxvYl9pZCJ9fQ==--d8bf59178500571c5a7487419583a7ab06bba629/ai-f32a6608.webp","is_representative":true,"generation_method":"ai_image","license":"ai_generated","mime_type":"image/webp","translations":{"ko":{"alt":"노트북 재무 대시보드와 대면·은행·화상 상담 절차를 보여주는 청년 재무상담 일러스트","caption":"청년이 재무 현황을 확인하고 다양한 방식으로 상담을 거쳐 일정을 완료하는 과정을 보여준다.","description":null},"en":{"alt":"Young person viewing a financial dashboard and proceeding through in-person, bank, and video consultations","caption":"The illustration shows a young person completing financial counseling through several consultation channels.","description":null},"ja":{"alt":"財務ダッシュボードを確認し、対面・銀行・ビデオ相談へ進む若者のイラスト","caption":"若者が複数の相談方法を通じて財務相談を完了する流れを示している。","description":null},"es":{"alt":"Joven ante un panel financiero y opciones de asesoría presencial, bancaria y por videollamada","caption":"La ilustración muestra el proceso de asesoría financiera juvenil mediante distintos canales.","description":null},"id":{"alt":"Anak muda melihat dasbor keuangan dan menjalani konsultasi tatap muka, bank, serta video","caption":"Ilustrasi ini menunjukkan proses konsultasi keuangan bagi anak muda melalui beberapa saluran.","description":null},"pt":{"alt":"Jovem diante de painel financeiro e opções de consulta presencial, bancária e por vídeo","caption":"A ilustração mostra um jovem concluindo a orientação financeira por diferentes canais.","description":null},"zh-hant":{"alt":"青年查看財務儀表板，並進行面談、銀行及視訊諮詢的流程插圖","caption":"插圖呈現青年透過多種管道完成財務諮詢的流程。","description":null},"de":{"alt":"Junger Mann am Finanz-Dashboard mit persönlicher, Bank- und Videoberatung","caption":"Die Illustration zeigt den Ablauf einer Finanzberatung für junge Menschen über mehrere Beratungswege.","description":null}}},{"id":672,"url":"https://injoys.com/rails/active_storage/blobs/proxy/eyJfcmFpbHMiOnsiZGF0YSI6ODM1OSwicHVyIjoiYmxvYl9pZCJ9fQ==--4fedb2cc6a80f248ff5d39ea558edd1e3ae1c0fc/ai-4fa9c94b.webp","is_representative":false,"generation_method":"ai_image","license":"ai_generated","mime_type":"image/webp","translations":{"ko":{"alt":"청년과 상담사 옆에 생활비 차트, 동전, 신용 방패, 달력이 배치된 재무관리 일러스트","caption":"청년 재무상담을 통한 지출 관리와 자산 성장을 표현한 그림입니다.","description":null},"en":{"alt":"Young adult and adviser with an expense chart, coins, credit shield, calendar, and growth arrow","caption":"The illustration represents financial counseling, expense planning, and asset growth for young adults.","description":null},"ja":{"alt":"若者と相談員の周りに支出グラフ、硬貨、信用度の盾、カレンダーを描いたイラスト","caption":"若者向け財務相談による支出管理と資産形成を表しています。","description":null},"es":{"alt":"Joven y asesor junto a un gráfico de gastos, monedas, escudo de crédito, calendario y flecha ascendente","caption":"La ilustración representa la orientación financiera, el control de gastos y el crecimiento del ahorro juvenil.","description":null},"id":{"alt":"Anak muda dan penasihat dengan bagan pengeluaran, koin, perisai kredit, kalender, dan panah naik","caption":"Ilustrasi ini menggambarkan konsultasi keuangan, pengelolaan pengeluaran, dan pertumbuhan aset bagi anak muda.","description":null},"pt":{"alt":"Jovem e consultor ao lado de gráfico de despesas, moedas, escudo de crédito, calendário e seta de alta","caption":"A ilustração representa orientação financeira, controle de gastos e crescimento patrimonial para jovens.","description":null},"zh-hant":{"alt":"青年與顧問身旁有支出圖表、硬幣、信用盾牌、日曆及上升箭頭的插圖","caption":"此插圖呈現青年透過財務諮詢管理支出並累積資產。","description":null},"de":{"alt":"Junger Erwachsener und Berater mit Ausgabendiagramm, Münzen, Kreditschild, Kalender und Wachstumspfeil","caption":"Die Illustration zeigt Finanzberatung, Ausgabenplanung und Vermögensaufbau für junge Menschen.","description":null}}}],"published_at":"2026-08-16T10:28:00+09:00","updated_at":"2026-08-16T10:28:00+09:00","license":"cc_by","translation_status":"reviewed","available_locales":["ko","en","ja","es"],"data_locales":["ko","en","ja","es","id","pt","zh-hant","de"],"url":"https://injoys.com/en/articles/youth-financial-counseling-eligibility-application-benefits"}