Get to know “YONO”, a new trend and economic crisis of Korean teens
When it comes to teenagers’ spending behavior in South Korea, many people may be familiar with the term “YOLO” (You Only Live Once), which refers to living to the fullest and not having to worry about the future. However, the concept is being replaced by a new trend called “YONO” (You Only Need One), reflecting caution in spending caused by economic shocks and rising inflation. In this article, ACU PAY will bring everyone to know and to acknowledge related situations.