Materials distributed free to 235 credit unions and child welfare facilities nationwide
The Credit Union Social Contribution Foundation announced Friday that it has jointly developed customized financial education content with the Korea Youth Financial Education Council for 7,000 children participating in the "Credit Union Eobuba Mentoring" program this year.
The foundation and the council have worked together every year since 2017 to develop financial education programs tailored to children's level of understanding.
This year's content is built around the theme "The Right Way to Build Credit, as Taught by Eobuba." The materials address financial risks increasingly affecting young people in daily life — including illegal online gambling, unlicensed lending and personal data breaches — to make the education more practical. A total of 7,500 sets of textbooks and teaching materials will be distributed free of charge to 235 credit unions and child welfare facilities nationwide for use at mentoring sessions.
The curriculum opens with a cooperative game and then covers the definition and importance of credit, methods for managing credit scores, and prevention of financial fraud and illegal financial activity. The program is designed to help children naturally grasp credit concepts through images, activity sheets and play-based teaching materials.
The foundation runs a range of social contribution activities for children, including a "One Credit Union, One Child" partnership program with credit unions across the country to support the healthy development of children in local communities.
"Education on proper credit management and fraud prevention needs to start at an early age," said Ko Young-cheol, chairman of the Credit Union Social Contribution Foundation. "We will continue to provide field-centered financial education support through credit unions and child welfare facilities nationwide so that the next generation can grow into financially healthy citizens."
ehkim@heraldcorp.com
