A receptacle including a wall portion extending from a bottom surface to a rim, the rim having an internal lip extending around the rim, wherein the wall portion includes at least one recessed area to accommodate a side of a user when the user is carrying the receptacle, a first handle operably attached to the receptacle, and a second handle operably attached to the receptacle, wherein the first handle and the second handle releasably engage each other to form a single carrying handle, is provided. Furthermore, an associated method is also provided.