>>>Today’s theme: Personal Finance

(in relation to KIM Saeng-min’s Receipt, 김생민의 영수증)

Enter Kim Saeng-min’s Receipts, one of the most popular podcasts these days here in Korea. The popularity of the podcast doesn’t seem coincidental, especially at a time when consumption is declining in South Korea, in tandem with record-high household debt, which likely limits consumer spending sprees.

>>>The Conversationalist with

Michael Na

Financial expert

“Bank of Korea analyzed that the rate of savings reached a record high in the first quarter of this year - but it seems more people feel uncertain about the economy and are saving up less. What’s behind this gap between data and reality?”

“Saving up and living frugal like Kim Saeng-min would be a good personal finance strategy, but in a macroeconomic perspective, what will happen if everyone saves up and no one spends money?”

&

Haeryun Kang

Managing Editor at Korea Expose

“Why do you think YOLO and Kim Saeng-min's frugal lifestyle are both gaining popularity? (Experts say they're like two sides of the coin, in that they're both responses to the low growth economy?”

&

Daisy Luther

blog : The Organic Prepper

author : Have Yourself a Thrifty Little Christmas: And a Debt-Free New Year

“What led you to adopt a frugal lifestyle and why would you convince more people to do so?”

>>>Media Monster

TOY “좋은 사람”

(good person)

>>>Next week: Tests

(in time for 수능, Korean college entrance exam)