Building a Financial Literacy Hub for Young Adults

Many young adults enter the workforce with little knowledge of personal finance, struggling with budgeting, saving, credit management, and investing. While financial literacy resources exist, they are often dense and unengaging. A more interactive, personalized financial education platform can help young users make better financial decisions.

Traditional financial education tools lack engagement and real-world applicability, making it difficult for young adults to build financial confidence. Users need an interactive learning experience that offers bite-sized, actionable insights tailored to their financial journey. The challenge is to design a financial literacy hub that simplifies complex concepts and promotes smarter money habits.

Users lack basic financial knowledge, leading to poor decisions.
Confusing financial terminology discourages self-education.
Traditional learning formats fail to engage younger audiences.
College students and recent graduates entering financial independence.
Young professionals learning to manage credit, debt, and savings.
Individuals seeking interactive financial education.

Consider the following factors to ensure a well-rounded, user-centered, and business-aligned solution

User Experience & Usability

  • Is the solution intuitive and easy to navigate?
  • Does it minimize friction and enhance efficiency for users?
  • Are accessibility best practices considered

Problem-Solving & Critical Thinking

  • Does the solution effectively address the core problem?
  • Is there a clear rationale behind design decisions?
  • Has the user’s pain points been mitigated or eliminated?

Business Alignment & Feasibility

  • How well does the solution balance user needs with business goals?
  • Is the proposed solution scalable and adaptable?
  • Are there measurable benefits, such as increased engagement, conversions, or retention?

Visual & Interaction Design

  • Does the interface follow modern design principles and maintain a visually appealing layout?
  • Are interactions smooth, meaningful, and engaging?
  • Is the visual hierarchy clear, guiding users effectively through the experience?

Innovation & Creativity

  • Does the solution introduce a novel approach to solving the problem?
  • How does it differentiate from existing solutions in the market?
  • Are emerging technologies or design trends leveraged appropriately?

Clarity & Presentation

  • Are the design decisions well-documented and articulated?
  • Does the submission include annotations or explanations where necessary?
    Is the submission structured in a way that makes it easy to evaluate?

1. User Flow or Journey Map

  • A high-level representation of the steps a user takes to accomplish the task.

2. Wireframes or UI Mockups

  • Low or high-fidelity visuals showcasing the proposed solution.
  • Responsive design considerations (if applicable).

3. Prototype (Optional)

  • An interactive version of the design using Figma, Adobe XD, or similar tools.

4. Design Rationale & Case Study

  • A brief document explaining the thought process, decisions, and trade-offs made during the design process.
  • Insights on how the design meets both user needs and business objectives.

5. Accessibility Considerations

  • Annotations on how the solution accounts for inclusivity and usability best practices.

6. Impact Metrics & Success Measurement

  • Hypothetical or real-world metrics that would measure the effectiveness of the solution.
  • Suggested ways to test and iterate on the design.

Challenge details

Category

Difficulty

Intermediate

Estimated time

2 - 3 days

Skills

Access Control, Accessibility, Admin UX, AI and Machine Learning UX, AI Automation, AI Chatbot Development, AI Content Assistance, AI Explainability, AI Personalization, AI Prioritization

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