Overview
Problem
Solution
Research
Development
Design system
Final designs
Reflection
Bloom empowers Canadians to build financial success
UX/Product Design | Thesis project | 8 months | Figma
PROTOTYPE
Problem
Young Canadians find themselves facing increasing financial instability with a lack of confidence, literacy and motivation. A lack of approachable, informative, centralized, personal, and rewarding experiences has left young Canadians feeling scared about their financial future, minimizing their ability to build long-term wealth & success.
Solution
Bloom helps young Canadians build confidence through a tailored, simple, accessible and engaging experience, instilling long-term perseverance to goals with a wealth of intuitive & impactful features. With Bloom, users can navigate the ever-uncertain financial climate with clarity, watching their wealth blossom for years to come.
Inspiring confidence through clarity & personalization
A centralized home page with friendly, user-centred features helps build confidence
Accounts from different providers in one place
See the wider picture with accounts connected from different banking providers
Analytics that tell your full financial story
See your entire financial picture with various widgets, charts and tooltips
Personal and approachable educational content
Access simple, straightforward financial tutorials that demystify learning
Personalized financial learning
Learn over 10+ different tutorials, tailored around your skill level
A motivating and inspiring rewards system
Redeem points for cash-back & rewards, inspiring motivation and goal perserverence
A personal and inclusive support system
Speak with digital and in-person advisors, and access diverse support resources
Integrated support for maximum efficiency
Chat with financial advisors for real-time support and access to resources
A personalized and tailored onboarding experience
Select from a range of questions to curate the post-onboarding experience
Connect with the CRA and NSLSC
Further centralize important services by connecting to the CRA and NSLSC
How might we empower young Canadians aged 13-30 to build financial confidence, literacy, and long-term success?
Choosing a topic involved personal experience & convergent thinking
Initial topic selection was influenced by years of personal experience navigating financial challenges, hearing from close friends and discussing with online community members. A convergent thinking activity was also utilized to eliminate 20+ other ideas.
My personal finance journey started terribly. From a lack of education during high school, to difficulty finding accessible financial resources, my early financial journey was marred with misinformed decisions, reckless spending & low confidence levels.
My friends had similar experiences. My financial journey was mirrored by close friends and peers. Like me, they felt unprepared and uninformed about financial tools like TFSA’s and RRSP’s that help build financial longevity and success.
Online community members felt the same. Reading and discussing with community members on forums like r/personalfinancecanada exposed me to the reality faced by many young Canadians who felt unsupported amidst a turbulent financial climate.
The problem space was the most compelling. A topic sorting activity utilized convergent thinking to eliminate 20+ alternate ideas. Ultimately, exploring personal finance challenges proved to be the most impactful and feasible idea to explore.
Discovering and defining the problem space
Research questions ensured a realistic scope
To ensure a realistic scope, research questions were outlined and served as a “North Star” for primary and secondary research. The focus involved identifying problems in which meaningful and impactful change for Canadians could be achieved.
Financial climate
How do Canadians feel about the current financial climate in Canada?
Education & literacy
Do Canadians receive high quality financial education in high school?
Tools & strategies
What is the current awareness and popularity of Canadian financial tools?
Confidence & goals
How confident are Canadians in achieving their financial goals?
Managing finances
Do Canadians find navigating & managing their finances challenging?
A better approach
Are Canadians in need for a better approach to their finances?
Minimizing bias during research
To minimize bias during interviews, surveys and user testing, numerous activities were completed to identify, acknowledge and mitigate biases moving forward.
Understanding and managing bias
Uncovering the deep “why” behind personal fears motivations & biases tied to the research process.
Understanding target audience biases
Exploring internal and external biases relating to smaller subsects of the target audience.
Managing user testing bias
Discovering biases that arise during user testing sessions and identifying strategies to mitigate them.
Secondary research highlighted the need for intervention for young Canadians
Secondary research highlighted the need for financial support for younger Canadian generations who face increasing challenges including cost of living & increasing debt. To reinforce this, a WWH activity was used to refine & solidify the target audience.
60%
Of young Canadians live paycheck to paycheck.
Source: Abacus Data
47%
Of young Canadians have moderate to high debt.
Source: Abacus Data
70%
Increase in housing prices from 2015 to 2024.
Source: Blueprint Financial
Interviews enabled empathy-driven data collection
User interviews with three participants were conducted to better understand and empathize with the financial challenges currently facing young Canadians. Diving straight into into primary research enabled effective & efficient collection of user data.
3/3
Felt negatively about the Canadian financial climate.
2/3
Had suboptimal high school financial education.

3/3
Found managing their finances challenging.

Surveys validated the challenges faced by users
To further validate the challenges faced by young Canadians a survey with 25+ questions was distributed and over 15+ responses reinforced previously collected data, trends and patterns from user interviews.
Had negative feelings towards the current Canadian financial climate.
Didn’t feel confident in achieving their financial goals in 10 years.

Found their high school financial education ineffective/suboptimal.

Find managing their finances challenging.

Young Canadians are feeling...
About the current financial climate
User personas defined a broad target audience
Primary and secondary research informed the creation of four user personas, converging the wider target audience into distinct subsects of users that Bloom could cater too. Each persona allowed for a deeper understanding and empathizing with their needs.
Primary persona
Robyn is a post-secondary graduate navigating her newfound freedom with excitement.

Goals
  • Inform herself on which tools are best for saving money.
  • Figure out a healthy balance between saving and spending.
  • Enjoy her newfound freedom, without breaking the bank.
  • Connect with other young people and hear their goals / plans.
  • Explore tools and resources aimed at the LGBTQ+ community.
  • Better manage and pay off her student loans.
Barriers
  • Resources scattered all over the internet with varying quality.
  • Unsure where to start in her financial literacy journey.
  • Not sure which banks are fully supportive of LGBTQ+ people.
  • Existing student loan platform is outdated and overwhelming.
Primary persona
Georgia is a high school student determined to build a strong financial future.

Goals
  • Learn about basic financial tools she can take advantage of.
  • Begin putting aside money in a savings account for college.
  • Open a RRSP, and start contributing money if eligible.
  • Explore the basics of taxes, and how to file her taxes.
  • Learn about pathways and the importance of long term goals.
  • Talk with an advisor and discuss goals for when she turns 18.
Barriers
  • Unsure where or when to start her financial journey.
  • Lack of support from parents and limited support from school.
  • Limited understanding of finances and tools in general.
  • Confused by conflicting messaging and opinions online.
Primary persona
Louis is a working professional looking for a way to manage his various financial tools.

Goals
  • Manage his portfolio of accounts with ease and simplicity.
  • Centralize his banking services and visualize his accounts.
  • Transfer fund between accounts with different providers.
  • Easily view information like his credit score or upcoming bills.
  • Link with Canadian services such as the CRA or NSLSC.
  • Connect with like minded individuals and share knowledge.
Barriers
  • Existing services are spread across many different websites.
  • Lack of easy visualization and management across such sites.
  • User experience and quality varies across existing platforms.
  • Frustrating having to navigate and learn multiple experiences.
Secondary persona
Maria is a busy mother hoping to simplify her financial management process.

Goals
  • Share knowledge and resources regarding her culture.
  • Utilize digital tools that are simple to understand and accessible.
  • Share verbal and written content in her native language.
  • Preserve her culture & communities history using archiving tools.
  • Connect with different indigenous communities outside her own.
  • Easily connect and engage younger individuals of her community.
Barriers
  • Existing services are complex, and inconsistent with their UX.
  • Hard to track bills and payments across various providers.
  • Busy schedule + less time to manage and organize finances.
  • Still waiting to find a solution that meets her exact needs.
Competitors fail to address current users needs
Existing competitors fail to provide engaging, personal and long-term solutions to address the financial needs of young Canadians. A competitor analysis identified gaps within the market, highlighting the need for a centralized, personal, informative & supportive solution.
Canada.ca is a trusted and reputable source for financial information and learning, but is complex, too generalized, and is disengaging for younger users.
Wealthsimple is a modern, user-friendly financial platform with an excellent range of features, but can be costly, and lacks long-term planning services.
Scotiabank is a comprehensive banking platform, with a multitude of personalized features, but lacks actionable incentives and a focus on younger users.
Identifying gaps and opportunities for intervention
Secondary research was triangulated to uncover gaps in the market and opportunities for intervention. To help young Canadians with their finances, the solution would need to incorporate a range of motivational, informative, central, rewarding and personal tools.
Inspire motivation and confidence within a turbulent financial climate
With rising costs, many Young Canadians feel anxious and worried about their future. Helping deconstruct these barriers will build confidence and inspire decision making, even during a turbulent and daunting financial climate.
Create informative and approachable educational experiences
A lack of effective and memorable education in high school has left Young Canadians unprepared, and unaware when facing their future. This presents an opportunity to create memorable and accessible learning experiences.
Centralize and streamline tools for efficient access
Young Canadians cannot easily access information without combing through a myriad of sources, often with varying levels of quality and trustworthiness. Centralization of resources would improve efficiency and reduce mental load.
Incentivize perseverance through simplicity and rewards
Creating an engaging and rewarding experience is essential in inspiring Young Canadians to take initiative and commit to their goals. A focus on simplicity and actionable rewards will increase engagement and inspired lasting perseverance.
Create a personalized and accessible support system
Finances can be a complex and dynamic subject for most Young Canadians. Access to personalized digital and in person support is essential in addressing and acknowledging the diverse challenges individuals face.
Developing and delivering Bloom
Building and refining the solutions foundation
Bloom’s development began by planning, testing and refining the applications structure. A decision matrix highlighted impactful features, while card sorting and tree testing helped with understanding a users progression and thought process while navigating Bloom.
Decision matrix
Identifying impactful and feasible features, such as account widgets, analytics and educational tutorials.
Card sorting
Letting 3+ users arrange features and pages, to understand their thought process and progression..
Tree testing
Validating that users can navigate the initial user flow and find information with minimal clicks & confusion.
Finalizing Bloom’s initial mvp & future versions
To outline the initial and long-term strategy for Bloom, a experienced based roadmap was created. This solidified the initial set of features, pages and sections for the MVP, with plans for further scaling in the future. Highlights included the analytics & education pages.
MVP
  • Onboarding experience
  • Accounts page
  • Analytics page
  • Education page
  • Rewards page
  • Support page
Version 2
  • Investments page
  • Onboarding experience expansion
Version 3
  • Taxes page
  • Monetization
Improving efficiency with a user flow diagram
A user flow diagram was used to map out features outlined during a decision matrix activity. Exit points and opportunities for streamlining were identified and adjusted in advance, improving both the user flow and efficiency of the workflow.
Visualizing features & refining visual hierarchy
Low-fidelity wireframes were utilized to visualize initial features for the solution. A focus was place on refining visual hierarchy & information architecture, to ensure ease-of-use and accessibility for young Canadians.
Home page
Onboarding experience
Education page
Rewards page
TFSA tutorial, start
TFSA tutorial, end
Flora is Bloom’s bold & vibrant design system
Flora blends vibrant colours with a bold, confident user interface to appeal to younger users. Colour is incorporated as a tool for way finding, with pages having a representative tone. The visually stimulating design promotes engagement and forms a cohesive identity.
Four key insights from 20+ rounds of user testing
During Bloom’s development, over 10+ users provided feedback during testing sessions for low and high fidelity prototypes. These insights were triangulated and utilized to inform future iterations. This ensured Bloom addressed the core needs and challenges of users.
Users highlighted the need for more inclusive and adaptive learning. Providing multiple formats (visuals, videos, text) within tutorials, and allowing users to pause and resume their learning was needed to enhance accessibility.
Users appreciated the depth of financial insights and educational content, but highlighted the need for a better balance of information density. Breaking content up and using contextual descriptions was needed to improve clarity.
Users underscored the need for clearer explanations for financial concepts, tutorial recommendations, & reward mechanisms. Adding tooltips, context under headers, and onboarding explanations was needed to bridge knowledge gaps.
While the app’s structure was intuitive, users found some interactions and steps cumbersome. Streamlining the rewards redemption process, refining navigation, and simplifying micro-interactions was needed to improve overall efficiency.
Exemplifying a user-centred design practice
Insights gleaned from user testing informed over 30+ changes to the design and structure of Bloom. For instance, users noted a lack of personalization and clarity on the analytics page, inspiring the addition of a status feature, and next steps under financial feedback.
Refinements
  1. Added a personal status feature which informs users of problems/successes.
  2. Improved visual hierarchy, spacing and wording to make functionality clear.
  3. Added more personal/relevant feedback including next steps for users.
Before
After
Bloom: A platform building financial confidence
PROTOTYPE
Bloom is a digital platform helping young Canadians aged 13-30 build financial confidence. Bloom instills confidence through clarity, personalization, accessible education, simplicity and centralization. Users navigate a tailored experience, that supports and rewards action. Bloom helps users finances blossom, building long-term perseverance, wealth & success.
Home page
Onboarding, personalization
Accounts page
Analytics page
Education page
Rewards page
Support page
TFSA tutorial

Bloom has improved lives and made an impact with users
After completion of the initial MVP, Bloom was tested one final time with a series of users to gauge the overall impact of the final solution. The results were conclusive: In every area, Bloom succeeded either fully or partially in achieving it’s main goals,
Felt that Bloom fully inspired motivation and confidence within a turbulent financial climate, with the remaining user responding “partially”.
Felt that Bloom fully created informative and approachable educational experiences, with the remaining user responding “partially”.

Felt that Bloom fully centralized and streamlined tools for efficient access, demonstrating immense success in this specific area of intervention.

Felt that Bloom fully created a personalized and accessible support system, demonstrating immense success in this specific area of intervention.

Felt that Bloom fully incentivized perseverance through simplicity and rewards, with the remaining user responding “partially”.

Felt like Bloom brought immense value into their lives, delivering useful and impactful tools for use within their financial management strategy.

Managing burnout during 8 months of design work
Creating Bloom over eight months meant many late-nights, trips to campus, testing, evaluating, presenting and more. To effectively manage burnout throughout my design process, I ensured my work was well planned, included breaks, drew inspiration from real-world experiences, and focused on user-feedback to stay creatively charged.
Seeing my magnum-opus come to life
The pressure to create a cumulative project initially felt overwhelming and daunting. Over the course of eight months, I utilized immense organization and planning skills to successfully deliver Bloom to completion. I am immensely proud and satisfied with the final solution, forged through months of research, iterating, testing and delivering.
If given more time with Bloom I would...
Continue development and expand on existing functionality to further demonstrate Bloom’s capabilities, ultimately shipping versions two and three.
Test with edge cases to better understand the thought process of secondary persona’s and incorporate tools & solutions that cater to their needs.
Introduce new monetized features to build revenue streams while retaining a cost-considerate (free to download) business model.
Launch Bloom globally to serve a wider range of communities, banks, services and more, making an event greater impact.
Thanks for reading. Check out my other projects:
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