Money20

A gamified app to boost financial literacy among youth

A gamified app to boost financial literacy among youth

A gamified app to boost financial literacy among youth

Client

Money20

Services

Visual Design

User Flow

Game Design

Industries

Fintech

Date

Aug 2020 - Nov 2020

Learning to Earn and Invest

An investment game that lets you live 20 years of your life in 20 minutes. Over the years, your growing wealth and investing skills unlock more investment opportunities.

The need for financial literacy among the youth

As consumer habits and financial products change, financial literacy has taken a blow. The youth which is educated, technology savvy and smarter than the previous generations, the same youth is considered illiterate when it comes to handling finances while they are growing up. Key characteristics drawn from our research:

  • The understanding of personal finance is very low in India.

  • Blogs and articles found on the internet seem incomprehensible - hence, finances are labeled as boring, and positive financial decisions remain difficult to teach via these traditional methods.

  • Learning finance through simulations featuring real-life situation is the best and easiest way to pick up the subject.

  • People in this age group would be financially literate only when they are taught from a younger age. 

Integrating game play into finance

Gamification builds on patterns that make such information digestible to our brain, which ultimately seizes the opportunity to learn and makes connections between complex concepts. 

  1. Incorporate behavioral finance concepts and help students understand better their tolerance for risk

  2. Help users see long-term consequences of the investing decisions they make

  3. Offer more investment choices to provide a more holistic view of a financial life

Highlights

The Beginner's Guide

In the game, players unlock investments gradually, just like how they unlock new levels in their favorite video games. We give them a crash course on each financial product and use nudges to encourage them to take action.

Life Happens

We wanted to keep the game exciting, so we threw in some real-life scenarios like unexpected medical bills or a sudden festive bonus. It's not just about investing; it's about managing your finances in the real world.

Peek at the Best Investors' Moves

The goal is to educate players on financial products and strategies that can help them achieve better results. We're not just here to entertain; we're here to make a difference in people's financial lives.

Got Questions? We've Got Your Back

A challenge is only worthwhile when it's achievable - that's why we provide players with hints on the next right move when they're stuck for over a minute.

Pump Up Your Progress

The game uses different types of rewards to motivate players to keep playing and achieve their real-life goals, like saving up for a down payment on a house or paying off debt.

Mistakes Made, Lessons Learned

Financial literacy is one of the most crucial skills for anyone, and we believe it should be fun and engaging to learn. The game teaches you how to take risks and invest smartly to secure your financial future. After all, it's not just about learning how markets function; it's about adding value to your portfolio.

Get in touch with me to craft exceptional digital experiences that will help you achieve your business goals

Anjali Darbha · Product Designer

Get in touch with me to craft exceptional digital experiences that will help you achieve your business goals

Anjali Darbha · Product Designer

Get in touch with me to craft exceptional digital experiences that will help you achieve your business goals

Anjali Darbha · Product Designer