Overview

Overview

Overview

Gullak: Money Management for Children

Gullak: Money Management for Children
Designing an engaging interface for children and parents that promotes financial literacy and helps build healthy money management habits, ensuring both ease of use and impactful learning.

Designing an engaging interface for children and parents that promotes financial literacy and helps build healthy money management habits, ensuring both ease of use and impactful learning.

3 Week

3 Week

TIMELINE

UX Design

UX Design

PROJECT CATEGORY

Individual

CAPSTONE PROJECT AT IITD

Individual

CAPSTONE PROJECT AT IITD

What is Financial Literacy?

Ability to effectively manage a variety of financial skills, such as personal finance, budgeting, and investing.
What is Financial Literacy?

Ability to effectively manage a variety of financial skills, such as personal finance, budgeting, and investing.

What is Financial Literacy?

Ability to effectively manage a variety of financial skills, such as personal finance, budgeting, and investing.

What is Financial Literacy?

Ability to effectively manage a variety of financial skills, such as personal finance, budgeting, and investing.

The challenge

49% of Parents don’t know how to discuss finances with kids in an understandable and enjoyable way. (Edelman Survey)
The challenge

49% of Parents don’t know how to discuss finances with kids in an understandable and enjoyable way. (Edelman Survey)

The challenge

49%Parents don’t know how to discuss finances with kids in an understandable and enjoyable way.

The challenge

49% of Parents don’t know how to discuss finances with kids in an understandable and enjoyable way. (Edelman Survey)
Reserve Bank of India defines Financial Literacy under the following categories

Opportunity Statement

Opportunity Statement

Opportunity Statement

Opportunity Statement

How might we inculcate long lasting financial habits of saving money in children at an early age?

How might we inculcate long lasting financial habits of saving money in children at an early age?

How might we inculcate long lasting financial habits of saving money in children at an early age?

Research Insights

Research Insights

Research Insights

Research Insights

Understanding Parents' and Children's Financial Perspectives

Understanding Parents' and Children's Financial Perspectives

Understanding Children’s Point of View

Understanding Children’s Point of View
To gauge children's perceptions of money, kids were asked to draw sketches. Their drawings showed an awareness of money’s value, including its role in fulfilling needs, luxuries, and saving for the future.

To gauge children's perceptions of money, kids were asked to draw sketches. Their drawings showed an awareness of money’s value, including its role in fulfilling needs, luxuries, and saving for the future.

Roadmap to Design Development

Roadmap to Design Development

Roadmap to Design Development

Roadmap to Design Development

Adapting Design Thinking to Meet Project Needs

Adapting Design Thinking to Meet Project Needs
I developed a tailored roadmap, adapting the conventional design thinking approach to better fit our project needs, incorporating additional steps for a comprehensive understanding of the process.

I developed a tailored roadmap, adapting the conventional design thinking approach to better fit our project needs, incorporating additional steps for a comprehensive understanding of the process.

User Personas

User Personas

User Personas

User Personas

Understanding Kid's and Parents' Needs

Understanding Kid's and Parents' Needs
I created two user personas: one representing children’s perspectives and needs regarding money management, and another capturing parents' expectations and concerns. These personas helped tailor the app’s design to address both user groups effectively.

I created two user personas: one representing children’s perspectives and needs regarding money management, and another capturing parents' expectations and concerns. These personas helped tailor the app’s design to address both user groups effectively.

Objectives and Goals

Objectives and Goals

Objectives and Goals

Objectives and Goals

Boosting Children's Financial Literacy with Parental Oversight

Boosting Children's Financial Literacy with Parental Oversight

Inclusive Interface

Design an interface that is intuitive and easy to navigate for both children and parents.
Inclusive Interface

Design an interface that is intuitive and easy to navigate for both children and parents.

Inclusive Interface

Design an interface that is intuitive and easy to navigate for both children and parents.

Inclusive Interface

Design an interface that is intuitive and easy to navigate for both children and parents.

Seamless Money Management

Create a smooth and enjoyable experience for users as they manage their finances within the app.
Seamless Money Management

Create a smooth and enjoyable experience for users as they manage their finances within the app.

Seamless Money Management

Create a smooth and enjoyable experience for users as they manage their finances within the app.

Money Management

Create a smooth and enjoyable experience for users as they manage their finances.

Financial Education

Promote financial literacy among children by helping them understand the importance and value of money.
Financial Education

Promote financial literacy among children by helping them understand the importance and value of money.

Financial Education

Promote financial literacy among children by helping them understand the importance and value of money.

Financial Education

Promote financial literacy among children by helping them understand the importance and value of money.

Parental Oversight

Provide parents with an effective way to track their children's spending habits and financial decisions.
Parental Oversight

Provide parents with an effective way to track their children's spending habits and financial decisions.

Parental Oversight

Provide parents with an effective way to track their children's spending habits and financial decisions.

Parental Oversight

Provide parents with an effective way to track their children's spending habits and financial decisions.

Age-Appropriate Design

Tailor the interface and features to accommodate the needs and abilities of different age groups.
Age-Appropriate Design

Tailor the interface and features to accommodate the needs and abilities of different age groups.

Age-Appropriate Design

Tailor the interface and features to accommodate the needs and abilities of different age groups.

Age-Appropriate

Tailor the interface and features to accommodate the needs and abilities of different age groups.

Security and Privacy

Implement robust security measures to protect users' financial data and ensure privacy throughout the app.
Security and Privacy

Implement robust security measures to protect users' financial data and ensure privacy throughout the app.

Security and Privacy

Implement robust security measures to protect users' financial data and ensure privacy throughout the app.

Security and Privacy

Implement robust security measures to protect users' financial data and ensure privacy throughout the app.

Storyboard

Storyboard

Storyboard

Storyboard

A Visual Journey of Financial Learning

A Visual Journey of Financial Learning
The storyboard captures a family’s journey as they introduce their daughter to financial management through the Gullak app

The storyboard captures a family’s journey as they introduce their daughter to financial management through the Gullak app

The Final Mockups

The Final Mockups

The Final Mockups

The Final Mockups

Visualising the Experience

Visualising the Experience
Based on user interviews, surveys, and extensive research, these mockups were designed to integrate key features for effective money management.

Based on user interviews, surveys, and extensive research, these mockups were designed to integrate key features for effective money management.

Usability Testing

Usability Testing

Usability Testing

Usability Testing

Understanding User Experience

Understanding User Experience
To assess the app's effectiveness, usability tests were conducted with both parents and children to gather insights on how they interact with the interface and understand its features.

To assess the app's effectiveness, usability tests were conducted with both parents and children to gather insights on how they interact with the interface and understand its features.

Testing with Children

Testing with Children
  • They were able to navigate through the interface and were able to understand the key words within the app.
  • The graphics made them feel as if it was a game and hence the learning experience was fun
  • The children had a wishlist and were able to prioritise the things they wanted to add in goals and were excited to achieve those
  • They were able to navigate through the interface and were able to understand the key words within the app.

  • The graphics made them feel as if it was a game and hence the learning experience was fun

  • The children had a wishlist and were able to prioritise the things they wanted to add in goals and were excited to achieve those

  • They were able to navigate through the interface and understand the key words within the app.
  • The graphics made them feel as if it was a game and hence the learning experience was fun
  • The children had a wishlist and were able to prioritise the things they wanted to add in goals and were excited to achieve those

Testing with Parents

Testing with Parents
  • They could navigate the platform and were satisfied that they can monitor their spending
  • They were very satisfied with the feature to cap the spending budget of their children
  • The illustrations in the app appeared interesting, and they were confident that their children would be inclined toward using them.
  • They could navigate the platform and were satisfied that they can monitor their spending

  • They were very satisfied with the feature to cap the spending budget of their children

  • The illustrations in the app appeared interesting, and they were confident that their children would be inclined toward using them.

Let's Connect

Know more about me & my work

Looking forward to contributing to the next transformational experience!

Let's Connect

Know more about me & my work

Looking forward to contributing to the next transformational experience!

Let's Connect

Know more about me & my work

Looking forward to contributing to the next transformational experience!

Let's Connect

Know more about me & my work

Looking forward to contributing to the next transformational experience!
Sphere logo

I design digital, physical and phygital experiences.

© Copyright Abhishek Manraj 2024. All Rights Reserved

Twitter
Sphere logo

I design digital, physical and phygital experiences.

© Copyright Abhishek Manraj 2024. All Rights Reserved

Twitter
Sphere logo

I design digital, physical and phygital experiences.

© Copyright Abhishek Manraj 2024. All Rights Reserved

Twitter
Sphere logo

I design digital, physical and phygital experiences.

© Copyright Abhishek Manraj 2024. All Rights Reserved

Twitter