Showing posts with label Maltesers Bucket Recyclable. Show all posts
Showing posts with label Maltesers Bucket Recyclable. Show all posts

Wednesday, February 5, 2014

2SGD Mini Bank Project

ABBEY: We had our coin project in the year 2012 and the total amount of savings is 500sgd. The downside is each dollar coin has a deposit fee. This resulted to an almost 25-dollar-reduction on our earnings. We learned our lesson and come year 2013, we start saving 2-dollar bills. Twice the amount on the previous year and no fees. 

The savings surpassed the dollar coins but only a small percentage. We got 650sgd and invested it for the second phase of our "40 by 40" project. This year we continue saving those violet-colored treasures and expecting to surpassed the first 2 years.




WILL: Some people have other options to save a money for different purposes. Abbey and I save for additional sum for our investments. Last year we agreed to put a $1 coin on our Malteser's bank but we were deducted few dollars when we deposited it in our Citibank account. Lessons learned so we say hello to $2 bill. 

After receiving my boss ang pao from our Dinner and Dance party, a day after we open up our mini bank. We surpassed the previous amount. Then we both decided to send it to Philippines in addition to our "40 by 40" project. ;) 

Indeed this is a great way to save and invest. Oh, maybe you can do what my niece doing. She put a note wherein she can see always the purpose why she is saving up. 

Go and save. It is fun. 

Thursday, October 11, 2012

Bucket of Gold

ABBEY: Wilma and I agreed to put one-dollar coin from our pockets and wallets to our Malteser-bucket-turned-into-piggy-bank. Day by day until up to two years we saved 518 $1-sgd-coins. We rolled them in sheets of paper (20 SGD per roll). 

Oh my, they're heavy. Putting them in a bank costs fees. 0.075 SGD per piece. So the 500-dollar savings became almost 475 only. Lesson learned but we enjoyed saving extra money that now became a habit for us.



WILL: "Oh my, Singapore's piso($1) is so cute!" As I exclaimed with delight Abbey got an idea to make a piggy bank and put only $1 inside. When we will open it?, we don't know. It started two years ago, its getting heavier and heavier every time I lifted it when I am doing a general cleaning of the room.

      We received a great news that Nuffnang will cash-out the earnings from our blogs and from there, we made that the Nuffnang cheque as a sign that we need to open the bucket once we received it from our sole advertiser.
      That day came, we received the 2 year earnings from our blogs then hurriedly open the Maltsers's bucket. Total of $518 coins was invested. Delighted?, yes too much. I don't expect this huge amount of money. On the next day Abbey went to Citibank to deposit those, there it will stay together with the Nuffnang's cheque until we made a decision where we will invest that sum.
      Happy but quite disappointed since the bank charged us $40+ coin counting fee. Huhu.. We learned our lessons in saving coins and that deduction will never happen again since our next project is to save for $2.00. I hope we can go for thousand plus.