Informant is a Korean born immigrant who went to primary school in Korea and college in Hawaii lives in Los Angeles
Tradition as told by informant: New Years Day is a big holiday for Koreans, usually lasts 3 days long. It’s a fun day for children because they get to eat, play games, and practice the Sebeh tradition( Sebeh is the best part for the children), bow to the parents and grandparents and wishing them a good fortune for the new year. And parents/grandparents or elders will bless them back with money. It’s a family tradition.
Done every year with the whole family together, and yes it is my favorite part of the holiday when we get free money.