<Anchor>
On the first day of signing up for the 'Youth Hope Savings Savings', where you can actually receive an interest of 10% per year, there were so many applicants that the banking service stopped working.
Some applicants who could not join because the conditions were not met expressed dissatisfaction.
This is reporter Im Tae-woo.
<Reporter>
Yesterday, the first day of signing up for Youth Hope Savings, a notice appears saying that it is difficult to access a bank app.
It was decided to split into five sub-systems for five days from yesterday by year of birth, but applicants flocked in all day.
When a member saves up to 500,000 won per month for two years, about 5% of the interest given by the bank is tax-free, and the government adds an additional 4% as a savings incentive, so it is effectively a 10% savings account.
[Youth Hope Savings Savings Member: (Saving Savings Product) itself had an interest rate of only 1-2%, but the interest rate is quite high because youth support is provided as a government benefit.]
However, if your annual income exceeds 36 million won, you cannot join. It's possible.
The average monthly salary of a worker is 3.2 million won before tax and 2.7 million won after tax, so the government's promise of youth welfare is insignificant.
[Young office worker: There are many small and medium-sized businesses with a starting salary of over 30 million won.
Young people in their 30s have to buy their own houses, but loans are difficult and they can’t receive these benefits, so I felt a bit bitter.]
The current government budget can support 380,000 people, but 2 million people have already asked if they are eligible to join, so the budget seems to run out quickly.
The government is discussing ways to add to the budget.