As we emerge from a worldwide recession, at long last it feels like maybe, just maybe, we can start to feel like we can spend a little bit on those luxuries we previously could only admire from a distance.
As the old saying goes, ďthe more you have, the more you spendĒ and so itís time to start looking for new and ingenious ways of raising some extra cash. Whether itís for treating ourselves to a sneaky morning latte, the latest must-have PS4 release, or going all out for a designer handbag or suit, for the majority of us extra money in the pocket would mean a heck of a lot.
Many of us buy into the consumer trend for having the most recent phone Ė letís be honest, if truth be known, itís the one thing we canít live without and the one thing that can instantly show to what extent we take pride in our material possessions. We blindly upgrade and move on from our former handset, often without stopping to consider the value that lies within. Yet sites such as milkmymobile are waiting to take our tech off our hands and pay us above the going rate in comparison to high street stores at the same time. Gone are the days of trading in a phone for pennies, as phone recycling companies are now trying hard to get their hands on your old mobile.
In order to secure a sale, companies such as milkmymobile.com make earning cash for your old phone easy. From the comfort of your home, you can make money with just a few minutes on the internet and the effort of posting your phone onto them (they will even send you the postage-free envelope to put it in). Better still, with the growing trend for cracked screens and damaged cases, there are even cash rewards for the phone that you had assumed was worthless. Money is paid directly to your bank account or by cheque, so in a matter of days itís spend or save time.
So what exactly do these third party companies want from our old gear? Companies such as milkmymobile work in a number of ways. Some phones will be easily refurbished, meaning that they can go back on to the open market at a lesser price than if someone was to buy a new handset. This means that the latest must-have phones come within easier reach of a wider marketplace. If phones are not reparable they still have a value for spares, but even more interestingly, the trend for buying scrap metal means that some phones create value as they have platinum silver or gold in their make-up. When it comes to recycling for the environment, both the batteries and the plastic casings can be melted down and reused for a whole host of new and surprising purposes.
However, for the humble consumer, why leave an old phone in a drawer when it could be sold for cash in your pocket? So next time you upgrade your phone, start thinking about what you could buy when you sell your old iphone for some extra cash.