UMG can be used to create a wide variety of UI effects. From here, you can extend this by adding a player portrait image next to your floating health bar or give a weapon to your character and show the ammo count for that weapon and more. You can also add the Widget component to other actors in your game (for example, a treasure chest) that shows information about that actor. Remember that laying out your UI in Visual Designer is only the beginning. To make your UI look good, you have to change the look and feel by changing the style of your widgets.