How to Make Money off Your Old Technology

If you’re like most people, you probably have a pile of old electronics lying around your home. This includes older TVs, cell phones, computers, entertainment systems, and even appliances that you don’t use anymore. Instead of leaving these things to sit in your basement collecting dust, however, why don’t you turn them into cash? Try these suggestions to turn your old electronics into cash.

1. Pawn shop

A lot of pawn shops give cash for a wide variety of electronics. In addition to the car stereos and laptops that everyone knows about, according to a shop that does gold buying in Columbus, these shops are also willing to buy kids’ toys, video games, and even a lot of professional equipment. You’ll clean out your house and make some money.

2. Yard sale

If you have a lot of smaller items and/or children’s items, consider a yard sale. While they might be a lot of work to put together, you could potentially make hundreds of dollars. While you’re setting up, include a lot of other items from your house that you just want to get rid of. Don’t worry about anything being too old; you’ll be shocked at what people will buy. If you don’t think you have enough stuff to attract a crowd, ask your neighbors if they would be willing to hold one with you and split the advertising costs.

make money with technology

3. Donation

There are a lot of charities that are always looking for donations of cell phones, appliances, and professional equipment. If you’re not using your stuff, give it to someone who can use it. You’ll help them and be able to write off the cost of the items on your taxes.

make money with technology

4. Recycle

Even if you can’t sell your old electronics to anyone, you might be able to earn some money by selling them to a recycling service. These services dismantle the devices and separate them into their individual components. From there, they can sell the pieces that people still want and get money for the rest by selling pieces with heavy, precious, and rare earth metals. While you might find people who do this via word of mouth, also check with a few local pawn shops that buy gold and silver. Because many electronics contain these elements, many of these dealers are willing to buy or know someone who will.

make money with technology