Kim Yong Bin, has 50 bank accounts but no house... Paid off debt with 300 million won prize from Mr. Trot 3

Singer Kim Yong Bin revealed that although they saved money earned since childhood and accumulated 50 bank accounts, they still do not own a house in their name. On the broadcast of KBS2’s ’Boss Has Donkey Ears’ on the 11th, Kim Yong Bin, who has been in the industry for 23 years, appeared as the boss and shared their asset management method. Kim Yong Bin stated that after debuting at the age of 11 with the song ″Seonaya,″ they performed at events from a young age and received appearance fees. At that time, the fee was 50,000 won, and their grandmother saved all the money. Kim Yong Bin said, ″My late grandmother saved every penny I earned from a young age without spending any of it,″ and added, ″I still keep those bankbooks, and there are more than 50 of them.″ However, regarding homeownership, Kim Yong Bin said, ″I still do not have a house in my name,″ and explained the reason as ″I have not earned enough money to buy a house.″ When Kim Sook asked about this, Kim Yong Bin responded accordingly. Trot senior Kim YonJa advised Kim Yong Bin, ″It’s not good to just save money. You should buy gold, invest, or buy a house,″ adding, ″The value of currency keeps changing, so you shouldn’t just save money.″ Kim YonJa mentioned their own experience, saying, ″I bought a house around 1984. The difference in house prices now is huge.″ They also said, ″Try buying gold with that money. What you said is the saddest thing I’ve heard.″ Meanwhile, Kim Yong Bin won first place in TV Chosun’s ’Mr. Trot 3’ last year. When Jun Hyun-moo asked how they used the 300 million won prize money, Kim Yong Bin revealed, ″Actually, I used the 300 million won prize from winning ’Mr. Trot 3’ to pay off all my debts. I had debts from releasing albums and working since I was young, but things didn’t go well.″ Kim Yong Bin explained that they released an album in 2012, but it did not do well, which caused debt, and they settled all of it with the prize money.