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3 Best Sites To Get The Most Cash For Your Old Cell Phones and Electronics

3 Best Sites To Get The Most Cash For Your Old Cell Phones and Electronics

Are you one of those people who chucks out your old electronic items when you get new stuff? If so, stop right now. Not only are you sending more junk to landfills, you are missing out on an opportunity to make a lot of extra cash. You spend money to buy these items. Why not recoup at least some of your losses instead of trashing the items when they are no longer any good to you?
You can sell your old cell phones and other electronics to make extra cash. In fact, a lot of people are turning this money-making opportunity into side jobs, and in some cases, full-time careers, simply by buying electronics from others at a low price, and then selling them online at a profit. If this sounds interesting to you, here are the three best ways to get started.

1. Gadget Salvation

When they want to get rid of unwanted cell phones and other electronics, many people are turning to Gadget Salvation. You can sell your iPhone and many other items, and earn extra cash to use for whatever you want. The process is simple. All you have to do is go to the site, and then select the device you wish to sell from the menu. Then, you will be required to answer a few simple questions about the item’s condition and complete a checkout form. Then, you will receive a pre-paid shipping label for free. You print the label yourself, and then send the item in by dropping it off at any UPS store. When the item is received, you get paid the agreed-upon amount, either by PayPal or check. Items you can sell at Gadget Salvation include cell phones, notebooks, iPads, iPods, laptop computers, headphones and other gadgets, and even books.

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2. Ebay

Another online option for selling your electronic gadgets is Ebay. In fact, you can sell pretty much anything here, with the exception of human remains and waste, and anything living, such as pets. The downside to selling through e-bay is that you don’t actually receive any money until the item sells. In some cases, you could be waiting weeks, or even months before it sells. But, don’t let this discourage you. Most of the time, if you are selling a popular item, you can expect it to sell pretty quickly. There is a small fee for each item you list, and then the profits are all yours. This is one of the safer ways to sell online, because you are protected by Ebay. Also, you never have to meet buyers in person, so you don’t have to worry about your personal safety.

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3. Craiglist

A lot of people use Craigslist when they want to sell items they no longer use or need. This is a great way to sell items to people locally. You place your ad, and interested parties contact you about buying the items you have for sale. You can sell pretty much anything on Craigslist, including old iPhones and other electronics. You don’t have to set up any online stores, or spend money to use this service. All you need to do is place your ad. Now, you may have heard all kinds of horror stories about people who have been ripped off, or even worse, physically assaulted, by people they meet through selling items this way. The trick is to use common sense, and to be careful. Make sure that when you are selling an item that you arrange to meet the buyer during daylight hours, and in a public place. If they can’t meet during the daytime, make sure that you meet in a public area that is well-lit, such as a shopping mall.

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Featured photo credit: helloolly via pixabay.com

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Jane Hurst

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Last Updated on March 4, 2019

How to Use Credit Cards While Staying Out of Debt

How to Use Credit Cards While Staying Out of Debt

Many people will suggest that the best thing to do with your credit cards during these tough economic times is to cut them up with a pair of scissors. Indeed, if you are already in huge debt, you probably should stop using them and begin a payback strategy immediately. However, if you are not currently in trouble with your credit cards, there are wise ways to use them.

I happen to really love my credit cards so I will share with you my approach to how I use mine without getting into deep financial trouble.

Ever since about 1983 when I got my first Visa card, I continue to charge as many of my purchases as possible on credit. Everything from gas, groceries and monthly payments for services like my cable and home security monitoring are charged on credit. Despite my heavy usage, I have maintained the joy of never paying any interest fees at all on any of my credit cards.

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Here are some tips on how best to use your credit cards without falling into the trap of paying those nasty double-digit interest fees.

Do Not Treat Credit Cards as Your Funding Sources

Too many people treat their credit cards as funding sources for major purchases. Do not do this if you want to stay out of trouble. I use my credit cards as convenient financial instruments so I do not have to carry around much cash. In fact, I hate carrying cash, especially coins. When you buy things on credit, the purchases are clean and you will not get annoying coins back as change.

I do not rely on my Visa, MasterCard or American Express to fund any of my purchases, large or small. This brings me to my golden rule when it comes to whether I will pull out any of my credit cards either at a retail or online store.

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I never purchase anything with my credit cards if I do not have the actual cash on hand in my bank account.

If I really cannot pay for the item or service with cash that I already have at the bank, then I simply will not make the purchase. Remember, my credit cards are not used as funding sources. They are just convenient alternatives to actual cash in my pocket.

Make Sure to Always Pay Off Balances in Full Each Month

The next very important part of my overall strategy is to make absolutely sure that I pay the balances in full each and every month no matter how large they are. This should never be a problem if the cash has been budgeted for my purchases and secured in the bank. I have always paid my full balances each month ever since my very first credit card and this is why I never pay interest charges.

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Using Credit Cards with Rewards

Most of my credit cards are of the “no annual fees” type, including one MasterCard on a separate account I keep at home as a spare in case I lose my wallet or incur any fraudulent charges. However, I do use a main Visa card which does have an annual fee because all purchases on that card reward me with airline frequent flyer points. For me, the annual fee is worth it since I do travel and I get enough points to redeem many free flights.

You have to decide for yourself if you will charge enough purchases on credit each year without paying interest charges to warrant a credit card that rewards you with airline points (or other rewards). In my case, the answer is “yes” but that might not be the case for you.

I occasionally use a MasterCard or American Express card on small purchases just to keep those accounts active. Also, I have been to the odd retailer that accepted only a certain type of credit card, so I find that having one from each major company is quite handy. Aside from my main Visa card which earns the airline points, the rest of my cards are of the “no annual fees” variety.

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So this is how I use my credit cards without getting into any financial trouble with them. This strategy is recommended only if you are not in debt, of course. In fact, it is worth keeping in mind once you’re out of debt so that you can keep your credit cards active and treat them responsibly.

What are your credit card usage strategies? Let me know in the comments — I’d love to hear what methods you use.

Featured photo credit: Artem Bali via unsplash.com

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