Give me the difference between the below topics and also elaborate each topic:

Topic $1$: Financial literacy is crucial for individuals to navigate the complexities of personal finance effectively. However, many people lack the necessary knowledge and skills to make informed financial decisions, leading to challenges such as debt, inadequate savings, and poor investment choices.

The goal of this challenge is to develop educational solutions that enhance financial literacy and empower individuals to manage their finances wisely. These solutions should cover essential topics like budgeting, saving, investing, debt management, and retirement planning, catering to people of all ages and backgrounds.

Topic $2$: Automated financial planning aims to simplify the process of financial planning and wealth management for individuals by using generative AI technology.

This tool should analyze user$$s financial data, identify their financial goals and priorities, and recommend personalized strategies to achieve them. It provides features such as budget tracking, goal setting, investment portfolio management, and retirement planning, helping users make informed financial decisions and achieve long$-$term financial success.