A Not-so-surprising-fact: only 67% of people save regularly?

It would not be surprising that all of us know the benefits of saving. Nevertheless, only 67% of people take saving as a regular habit, as stated in a recent survey. If you are curious about this, make sure to read on and find out the answer in this blog! 

A guerrilla research was done to interview different youngsters on their usual money managing traits, ranging from university students to fresh grads. Surprisingly, nearly all interviewees save on a regular basis, the only concern is that their saving amount is way below than the average amount mentioned in the survey above. Youngsters habitually save HK$2,000 to HK$4,000 into their bank accounts, or anywhere safe and sound. On the other hand, their saving methods could be further divided into 4 categories – “Forced”, “Frugality”, “Budget” and “Invest” types. 

The “Forced” type requires the highest level of self-control, as this method is equivalent to “reducing spending at source”. “Frugality” users allocate a fixed amount of their salary to be placed in their piggy banks, that ensures a sufficient income being generated every month. The “Budget” type of people would make good use of budgeting apps, to limit their spending and set customized financial goals. Last but not least, “Invest”-ors are well aware of the fact that investment is the key to success, as the interest rate earned is significantly lower if they place the money in the bank.

Of course, investing in stocks has always been the hottest option. There are numerous ways and methods in the market to look out for, but the entry barrier is usually higher. Assume that investors are purchasing HSBC stocks for HK$40, they would have to pay HK$16,000 in total as the board lot required is 400 shares. Consider the demanding entry barrier plus high brokerage fees, youngsters are definitely facing investment constraints. 

To bridge the gap in the market, there are some pioneering startups that hope to tackle this problem through forging a brand new money-managing-market for young people. Now you may wonder how the app works – basically it blends people’s love towards spending, together with the fear of investing. After spending at participating merchants, users are able to earn loyalty points for gold redemption. They can feel free to safekeep the gold over the long term, or simply cash it out and receive the payment through FPS. Besides, they can as well opt for a monthly gold purchasing plan, starting from HK$250. This undoubtedly helps them build a healthy-wealth-gaining-habit. 

The spend & earn app eases your gold transactions without having users to pour in extra money. Through connecting merchants, loyalty programmes, banks and financial institutions, users could just grab-points-and-go. This prevents us from overspending whilst discovering hidden assets in daily life. Most importantly, the app truly focuses on our needs and walks us through our financial journey. 

Money should not be something to worry about, we should all go for the plan that truly suits our financial and personal goals. I hope you will find this blog useful, in terms of comparing and selecting between different options!

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tiips 自2019 年創立至今,2020年完成種子輪融資,唯2021年第四年仍未能籌得新一輪融資,我們作出了艱難的決定,將於2022年2月21號 23:59 終止tiips mobile app 的運作。

我們目前的首要任務是確保用戶積分換取資產及實金買賣服務暢順度及公平性,我們將會分階段停止tiips mobile app 的功能及運作。


所有客戶的黃金儲存於Tiips Services limited。Tiips Services Limited 是獨立第三方信托人,信托或公司服務提供者牌照號碼為TC007559,客戶的黃金儲存於張氏金業有限公司Tiips Services Limited 的戶口。


客戶的Bitcoin存量是儲存在Tips Dollar (HK) Limited 擁有的cold wallet。


31/12/2021 23:59 停止買入實金。

1/1/2022 00:0021/2/2022 23:59 tiips 積分換取資產及賣出實金及Bitcoin 如常進行。而我們將會用 ”買入價” 回購客戶的資產,已回饋客戶多年來的支持。

21/2/2022 23:59 tiips mobile app 停止運作。

1/3/2022 00:0030/11/2022 23:59 人手處理顧客剩餘現金。客戶的剩餘資產將會用2/21/2022 23:59 當刻價格賣出,而相關金額我們會幫顧客保留,而我們將會用電郵方式確認客戶剩餘之金額,客戶可電郵[email protected]Whatsapp 93889879辦理手續領取現全,該現金我們會用FPS 轉賬,手續費維持港幣$3。

1/12/2022 00:0031/12/2022 23:59 我們會將所有顧客未領取的現金捐贈致愛護動物協會。

儘管tiips mobile app 將終止營運,我們往後會集中開發機構客戶市場,以延續寓消費於儲蓄的理念。


tiips was established in 2019 and accomplished its seed funding in 2020. It was with regret that we were still unable to receive the funding for the new round in 2021. Thus, we have unfortunately come to the decision to cease the operation of the tiips mobile app on 21 February 2022 23:59.
To ensure the smooth facilitation and fairness in user points & assets redemption and gold trading, we will close down the functions of tiips mobile app according to different phases.

Safety of Gold

All users’ gold is now stored in Tiips Services Limited, account provided by Cheung’s Gold Traders Limited. Tiips Services Limited is an third party trustee, which its Trust or Company Service Provider Licence number is TC007559.

Safety of Bitcoin

All users’ Bitcoin is now stored in the cold wallet owned by Tips Dollar (HK) Limited.

Timeline as follows:

31/12/2021 23:59 Gold purchases will be suspended.

1/1/2022 00:00 to 21/2/2022 23:59 tiips reward & assets redemption, gold selling and Bitcoin trading will be operated as usual. To express our gratitude throughout the years, tiips will purchase users’ assets at the “BUY PRICE”.

21/2/2022 23:59 tiips mobile app will be ceased to operate.

1/3/2022 00:00 to 30/11/2022 23:59 tiips will manually proceed the users’ remaining cash. Those assets will be sold at the price as of 21/2/2022 23:59, while we will keep the amount of money and email the customers for further confirmation. Customers may email us at [email protected] or Whatsapp 93889879 to collect the cash. The payment will be performed through FPS, and tiips will keep the handling fee at HKD 3.

1/12/2022 00:00 to 31/12/2022 23:59 tiips will donate all the uncollected cash to The Society for the Prevention of Cruelty to Animals (SPCA).

The tiips mobile app might have suspended its operation, nevertheless tiips will continue to expand its corporate market, to sustain the belief in combining spending and saving in the future.

Last but not least, we would like to express our heartfelt gratitude for the support from tiips’ users, merchants and partners over the past three years.