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More Teenagers Believe Money Can Buy Happiness…Survey

More Teenagers Believe Money Can Buy Happiness…Survey

SEOUL, Korea, Mar 7 (Korea Bizwire) – Teenagers are much more sensitive than grown-ups to income differences with their peers. This uneasy social trend can be spotted by conversations with the local teens. Interviewed by a local media, a seventh grade student living Seoul, said, “You don’t make friends who live in nice — if not posh — apartments. Since [...]

Savings Rate Falls at the Same Time as Consumption

Savings Rate Falls at the Same Time as Consumption

SEOUL, Korea, Mar 6 (Korea Bizwire) – A while ago the Bank of Korea published a report on people’s tendency toward rarely opening up their wallets for fears of post-retirement livelihood. Then are Korean consumers saving more instead of spending? The reality is savings are falling as much as consumption. What’s going on here? According [...]

Most College Students Still Rely on Parents’ Support for Their Wedding

Most College Students Still Rely on Parents’ Support for Their Wedding

SEOUL, Korea, Mar 6 (Korea Bizwire) – Seven out of ten college students will seek their parents’ support for their wedding preparation and 40 percent of them will get their support even after their marriage, a survey said. According to Noble Alba, a part-time job information site, which conducted the survey asking 647 university students, [...]

Four out of Five Teens Own Smartphones

Four out of Five Teens Own Smartphones

SEOUL, Korea, Mar 5 (Korea Bizwire) – Four out of five Korean teens possess smartphones and of all the functions they use mostly for chatting through mobile messengers services like KakaoTalk. Also, one out of four has had experience viewing adult contents through them. According to the Ministry of Gender Equality and Family which conducted [...]