Saving
Compound Interest
🌾 SavingInterest that earns interest on itself, making money snowball. The earlier you start, the stronger it works.
Parking Account
🌾 SavingAn account you can freely deposit to and withdraw from that still pays interest — a parking lot for waiting money.
Emergency Fund
🌾 SavingMoney set aside for sudden blows — job loss, medical bills, urgent repairs. The cornerstone of any money plan.
Housing Subscription (Cheongyak)
🌾 SavingKorea's system for applying to buy newly built apartments. You build eligibility by keeping and funding a subscription account.