Bucket
Earn up to 12% on each bucket
What you need to know about Bucket
Bucket is a versatile savings tool within the Solomonhills Savings and Investment Platform that empowers you to achieve your financial goals with flexibility and precision. Designed to suit your unique needs, Bucket allows you to customize your savings frequency, whether daily, weekly, or monthly, enabling you to save consistently and effortlessly.
Key Features:
Tailored Savings Frequency: With Bucket, you have the freedom to choose your preferred savings frequency. Whether you want to save daily, set aside funds weekly, or contribute monthly, Bucket adapts to your desired schedule. Tailor your savings frequency to match your income flow and financial goals.
Consistent Saving Made Easy: Bucket makes saving a seamless and automated process. Set up recurring contributions based on your chosen frequency, and watch your savings grow steadily over time. Eliminate the stress of manually managing your savings by automating the process with Bucket.
Flexible Contribution Amounts: Adjusting your savings contributions is effortless with Bucket. Modify the contribution amounts according to your financial capacity and evolving goals. Whether you want to increase or decrease your savings, Bucket offers the flexibility to adapt to your changing needs.
Customizable Saving Buckets: Organize your savings goals effectively with customizable saving buckets. Create multiple buckets based on your financial objectives, such as an emergency fund, vacation savings, or down payment savings. Allocate your contributions to each bucket, ensuring your savings align with your specific goals.
Track Progress and Stay Motivated: Bucket provides you with a clear view of your savings progress, helping you stay motivated on your financial journey. Monitor your contributions, view your savings balances, and track your progress toward achieving your savings goals. Celebrate milestones and watch as your savings grow over time.
Seamless Integration with Other Products: Bucket seamlessly integrates with other products within the Solomonhills platform, allowing you to transfer funds between accounts effortlessly. Consolidate your savings and investment strategies by moving funds from your Bucket to Hills, Cooperative, Divi, or other products, maximizing the potential of your money.
Bucket is your reliable savings companion, offering personalized savings frequency and a user-friendly interface to help you stay on track and reach your financial aspirations. Whether you're saving for short-term goals or building a solid foundation for the future, Bucket empowers you to make progress consistently and confidently.
Embrace the power of tailored savings with Bucket and experience the convenience of automated contributions, customizable saving buckets, and real progress toward your financial dreams. Start saving with purpose and take control of your financial future within the Solomonhills Savings and Investment Platform.
Unlock your savings potential with Bucket today!
Key Features:
Tailored Savings Frequency: With Bucket, you have the freedom to choose your preferred savings frequency. Whether you want to save daily, set aside funds weekly, or contribute monthly, Bucket adapts to your desired schedule. Tailor your savings frequency to match your income flow and financial goals.
Consistent Saving Made Easy: Bucket makes saving a seamless and automated process. Set up recurring contributions based on your chosen frequency, and watch your savings grow steadily over time. Eliminate the stress of manually managing your savings by automating the process with Bucket.
Flexible Contribution Amounts: Adjusting your savings contributions is effortless with Bucket. Modify the contribution amounts according to your financial capacity and evolving goals. Whether you want to increase or decrease your savings, Bucket offers the flexibility to adapt to your changing needs.
Customizable Saving Buckets: Organize your savings goals effectively with customizable saving buckets. Create multiple buckets based on your financial objectives, such as an emergency fund, vacation savings, or down payment savings. Allocate your contributions to each bucket, ensuring your savings align with your specific goals.
Track Progress and Stay Motivated: Bucket provides you with a clear view of your savings progress, helping you stay motivated on your financial journey. Monitor your contributions, view your savings balances, and track your progress toward achieving your savings goals. Celebrate milestones and watch as your savings grow over time.
Seamless Integration with Other Products: Bucket seamlessly integrates with other products within the Solomonhills platform, allowing you to transfer funds between accounts effortlessly. Consolidate your savings and investment strategies by moving funds from your Bucket to Hills, Cooperative, Divi, or other products, maximizing the potential of your money.
Bucket is your reliable savings companion, offering personalized savings frequency and a user-friendly interface to help you stay on track and reach your financial aspirations. Whether you're saving for short-term goals or building a solid foundation for the future, Bucket empowers you to make progress consistently and confidently.
Embrace the power of tailored savings with Bucket and experience the convenience of automated contributions, customizable saving buckets, and real progress toward your financial dreams. Start saving with purpose and take control of your financial future within the Solomonhills Savings and Investment Platform.
Unlock your savings potential with Bucket today!
How it works
On your Buckets dashboard, click on “setup a bucket”. Then fill in the information as seen:
You can add money to your bucket at any time you want.
Withdrawal method
A withdrawal button will appear at the maturity of each bucket you create.
Withdrawal before the maturity date is not encouraged.
Discipline is necessary to keep your spending pattern in check when trying to meet a goal.
If, for any reason, you still choose to withdraw the funds in a bucket before its maturity date, you can request a withdrawal. The selected bucket will be terminated and your funds and accrued interest will be paid to you.
However, a penalty of 5% on the value of your bucket will be charged for withdrawals initiated before its maturity date.
Discipline is necessary to keep your spending pattern in check when trying to meet a goal.
If, for any reason, you still choose to withdraw the funds in a bucket before its maturity date, you can request a withdrawal. The selected bucket will be terminated and your funds and accrued interest will be paid to you.
However, a penalty of 5% on the value of your bucket will be charged for withdrawals initiated before its maturity date.
