Korea’s birth rate drive struggles to sway ‘YOLO’ generation

Seoul’s subsidy-based efforts to reverse its declining birth rate struggle as young generations prioritize luxury and experiences over parenthood. Financial hardship is the main reason cited for not having children. The government plans a new ministry to address demographic issues. Park Yeon, a fashion Instagrammer, exemplifies this trend, focusing her budget on clothing and travel rather than marriage and babies, driven by a “YOLO” (you only live once) mindset. READ FULL