Personal Finance
How Much You Save Using Eco-friendly Bags: Prices Incurred From Using Plastic Bags
By Seedly  •  November 26, 2021
“Auntie, can you give me one extra plastic bag?” Source: The Straits Times From trash bags to gloves, there are just so many uses for plastic bags! But too many of them aren’t good for the environment. First introduced in 2019, Fairprice is doing its part to reduce plastic bag usage and improve sustainability with its “No Plastic Bag” initiative. Due to the initiative’s success, local convenience stores, Cheers, and FairPrice Xpress will be including an additional charge of 10 cents for plastic bags when we shop at any of their outlets starting from 2022. Additionally, selected NTUC Fairprice supermarkets will be charging 20 cents for plastic bags too. But what does this mean for all of us as consumers? With the new surcharge, we incur another expense whenever we shop at convenience stores or supermarkets. 20 cents might not seem a lot now, but eventually, it will add up....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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