Bangles refer to the traditional philosophy of life - Tri Hita Karana, popular on the island of Bali, Indonesia.
An important part of the Tri Hita Karana Philosophy is to Believe or to have faith. Our Faith in the divine is symbolised by the red beads. Our Faith and Believe in our fellow humans symbolised by the universal coin (the square in circle representing humanity in spiritual realm). Our Faith in Mother Nature is represented by the wooden beads and rudraksha.