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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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Published on November 20, 2018

The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

The truth is, there are many “money saving guides” online, but most don’t cover the root issue for not saving.

Once I’d discovered a few key factors that allowed me to save 10k in one year, I realized why most articles couldn’t help me. The problem is that even with the right strategies you can still fail to save money. You need to have the right systems in place and the right mindset.

In this guide, I’ll cover the best ways to save money — practical yet powerful steps you can take to start saving more. It won’t be easy but with hard work, I’m confident you’ll be able to save more money–even if you’re an impulsive spender.

Why Your Past Prevents You from Saving Money

Are you constantly thinking about your financial mistakes?

If so, these thoughts are holding you back from saving.

I get it, you wish you could go back in time to avoid your financial downfalls. But dwelling over your past will only rob you from your future. Instead, reflect on your mistakes and ask yourself what lessons you can learn from them.

It wasn’t easy for me to accept that I had accumulated thousands of dollars in credit card debt. Once I did, I started heading in the right direction. Embrace your past failures and use them as an opportunity to set new financial goals.

For example, after accepting that you’re thousands of dollars in debt create a plan to be debt free in a year or two. This way when you’ll be at peace even when you get negative thoughts about your finances. Now you can focus more time on saving and less on your past financial mistakes.

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How to Effortlessly Track Your Spending

Stop manually tracking your spending.

Leverage powerful analytic tools such as Personal Capital and these money management apps to do the work for you. This tool has worked for me and has kept me motivated to why I’m saving in the first place. Once you login to your Personal Capital dashboard, you’re able to view your net worth.

When I’d first signed up with Personal Capital, I had a negative net worth, but this motivated me to save more. With this tool, you can also view your spending patterns, expenses, and how much money you’re saving.

Use your net worth as your north star to saving more. Whenever you experience financial setbacks, view how far you’ve come along. Saving money is only half the battle, being consistent is the other half.

The Truth on Why You Keep Failing

Saving money isn’t sexy. If it was, wouldn’t everyone be doing it?

Some people are natural savers, but most are impulsive spenders. Instead of denying that you’re an impulsive spender, embrace it.

Don’t try to save 60 to 70% of your income if this means you’ll live a miserable life. Saving money isn’t a race but a marathon. You’re saving for retirement and for large purchases.

If you’re currently having a hard time saving, start spending more money on nice things. This may sound counterintuitive but hear me out. Wouldn’t it be better to save $200 each month for 12 months instead of $500 for 3 months?

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Most people run into trouble because they create budgets that set them up for failure. This system won’t work for those who are frugal, but chances are they don’t need help saving. This system is for those who can’t save money and need to be rewarded for their hard work.

Only because you’re buying nice things doesn’t mean that you’ll save less. Here are some rules you should have in place:

  1. Save more than 50% of your available money (after expenses)
  2. Only buy nice things after saving
  3. Automate your savings with automatic bank transfers

These are the same rules that helped me save thousands each year while buying the latest iPhone. Focus only on items that are important to you. Remember, you can afford anything but not everything.

How to Foolproof Yourself out of Debt

Personal finance is a game. On one end, you’re earning money; and on the to other, you’re saving. But what ends up counting in the end isn’t how much you earn but how much you save. Research shows that about 60% of Americans spend more than they save.[1]

So how can you separate yourself from the 60%?

By not accumulating more debt. This way you’ll have more money to save and avoid having more financial obligations. A great way to stop accumulating debt is using cash to pay for all your transactions.

This will be challenging, depending on how reliant you are with your credit card, but it’s worth the effort. Not only will you stop accruing debt, but you’ll also be more conscious with what you buy.

For example, you’ll think twice about purchasing a new $200 headphone despite having the cash to buy them. According to a poll conducted by The CreditCards.com, 5 out of 6 Americans are impulsive spenders.[2]

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Telling yourself that you’ll have the discipline to not buy things won’t cut it. This is equal to having junk food in your fridge while trying to eat healthy–it’s only a matter of time before you slip. By using cash to make your purchases, you’ll spend less and save more.

A Proven Formula to Skyrocket Your Savings

Having proven systems in place to help you save more is important, but they’re not the best way to save money.

You can search for dozens of ways to save money, but there’ll always be a limit. Instead of spending the majority of your effort saving, look for ways to increase your income. The truth is that once you have the right systems in place, saving is easy.

What’s challenging is earning more money. There are many routes you can take to achieve this. For example, you can work long and hard at your current job to earn a raise. But there’s one problem–you’re depending on someone else to give you a raise.

Your company will have to have the budget, and you’ll have to know how to toot your own horn to get this raise. This isn’t to say that earning a raise is impossible, but things are better when you’re in control right? That’s why building a side-hustle is the best way to increase your income.

Think of your side-hustle as a part-time job doing something you enjoy. You can sell items on eBay for a profit, or design websites for small businesses. Building a side-hustle will be on the hardest things you’ll do, be too stubborn to quit.

During the early stages, you won’t be making money and that’s okay. Since you already have a source of income, you won’t be dependent on your side-hustle to pay for your expenses. Depending on how much time you invest in your side-hustle, it can one day replace your current income.

Whatever route you take, focus more on earning and save as much as possible. You have more control than you give yourself credit for.

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Transform Yourself into a Saving Money Machine

Saving money isn’t complicated but it’s one of the hardest things you’ll do.

By learning from your mistakes and rewarding yourself after saving you’ll save more. What would you do with an extra $200 or $500 each month? To some, this is life-changing money that can improve the quality of their lives.

The truth is saving money is an art. Save too much and you’ll quit, but save too little and you’ll pay for the consequences in the future. Saving money takes effort and having the right systems in place.

Imagine if you’d started saving an extra $100 this next month? Or, saved $20K in one year? Although it’s hard to imagine, this can be your reality if you follow the principles covered in this guide.

Take a moment to brainstorm which goals you’d be able to reach if you had extra money each month. Use these goals as motivation to help you stay on track on your journey to saving more. If I was able to save thousands of dollars with little guidance, imagine what you’ll be able to do.

What are you waiting for? Go and start saving money, the sky is your limit.

Featured photo credit: rawpixel via unsplash.com

Reference

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