A 25-year-old South Korean woman has been getting a lot of attention because of her commitment to saving money on a regular salary by spending as little as possible.
We first featured Ji-Hyeon Kwak a couple of years ago when she first made news headlines in her home country of South Korea after making an appearance on the popular SBS’ Master of Living television program. At the time, she had become the youngest person in South Korea to win an apartment subscription, quite a feat considering that the odds are usually stacked against young people, because of how the system works. People are encouraged to save money in a subscription savings account in order to boost their chances, and most 24-year-olds don’t have significant savings. But Ji-Hyeon Kwak isn’t your average youth. She had managed to save a whopping 100 million won ($75,000) in four years, on an average salary of 2.2 million per month, but she was only getting started.