Abstract: A multipurpose two piece soap dispenser is provided with an ornamental water impervious hollow reservoir body portion with a coin-type slot therethrough for inserting and retaining soap chips. The reservoir body portion has a lowermost opening covered by a water absorbent body, typically a synthetic sponge. Thus, the primary function is for lathering and scrubbing the body either at a sink, wash basin or in a bathtub or shower. A secondary function is the thrift and savings to be realized with the reservoir body constituting a piggy bank for retaining soap chips coming from almost spent soap bars fed into the slot. A third function is that the soap dispenser may be in the ornamental format of a toy, sports item or other novelty. The construction provides advantages as a readily manufactured item formed from two basic pieces secured together.