BusinessHABElectronic recycling: When it comes to thrifty shopping, look for bargains wherever you can find them.
You might not think that electronics are a bargain, but given how often items wear out and need replacing, the prices you pay for new electronics should be considered as such.
With that in mind, here are 5 ways electronic recycling can help you save money.
Recycling old electronics frees up valuable space in your home or business, prevents waste from ending up in landfills or streams and helps save natural resources by reusing materials instead of creating new ones if possible.
There are also many companies that offer cash for old electronics which can be another way to make money from your old gadgets.
New electronics always cost more than used versions because they have been manufactured specifically for sale as new products rather than reconditioned older models.
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5 Ways Electronic Recycling Can Help You Save Money
The cost of electronic waste (or e-waste) has been steadily increasing due to the growing volume of discarded electronics. According to data from the Electronics TakeBack Coalition, about 51 million metric tons of e-waste were generated in 2015 alone. That number is expected to rise to 63 million metric tons by 2020. At the current pace, it would cost $30 billion by 2021 just to dispose of all that waste. Fortunately, there are ways you can help keep your costs down and money in your pocket by recycling e-waste responsibly. Check out these 5 tips for reducing your costs and keeping money in your wallet:
Don’t buy new
Buying new electronics is expensive, but it’s also dangerous. Most electronics are designed to have a very short lifespan. This means that by the time you get them home, they may have become obsolete, or simply be too costly to buy new. So, instead of buying new electronics, consider buying used electronics. There are many benefits to this, not least of which is that you’re keeping more of your hard-earned money in your pocket. Another benefit of buying used electronics is that you are helping to reduce e-waste. Every electronic device has a finite lifespan. The longer the lifespan, the less it costs to produce that item. You need to factor this lifespan into your decision when buying new vs. used electronics.
Reuse what you can
This goes hand-in-hand with not buying new. When you buy new electronics, you are likely to end up tossing that item within a few years due to obsolescence or simply being too expensive to purchase new. If possible, re-use the electronics you already own. This could be as simple as re-cabling your home network with the old wires you already have lying around. You could also re-purpose the electronics to serve another purpose, such as turning a computer into a printer or a television into a smart TV.
Keep track of your electronics
Before you get rid of an old item, make sure you keep track of what it is, how old it is, and how much it costs. If you’re not sure how old something is, you can often look on the packaging. If you’re not sure if the item is still cost-effective to keep, sell it and keep the cash. If you’re a business, you can easily keep track of what you have on hand with an inventory system.
Know which electronics can be recycled for cash
Knowing which electronics can be recycled for cash can help inform your decision to dispose of electronics. It’s important to keep in mind that not all electronics can be recycled for cash. It’s important to check with your local government and the electronics recycler in your area to find out which electronics can be recycled for cash. It’s also important to keep in mind that not all electronics you have lying around are eligible for cash recycling. A good way to determine if an item can be recycled for cash is to take it to an electronics recycler and see what they say.
Organize your e-waste for disposal
Too many people are environmentally irresponsible when it comes to disposing of electronic waste. In fact, according to a report from the United States Environmental Protection Agency, an estimated 5.2 million metric tons of e-waste enter municipal waste streams every year. This is a huge problem, not only because of the health risks associated with breathing in the hazardous materials that are present in this waste, but also because it costs a lot of money to properly recycle this kind of waste. Many communities around the world are having to build new waste-to-energy plants just to properly dispose of e-waste. So, if you’re not properly organizing your e-waste for disposal, you could be putting your financial well-being at risk. If you’re not properly organizing your e-waste for disposal, you could be putting your financial well-being at risk. Keeping track of what you have, organizing it into separate categories, and properly disposing of the waste can help you save money and protect the environment at the same time.
Conclusion
E-waste disposal is a problem that is only going to get worse as the volume of electronics continues to grow. Fortunately, there are ways you can help keep your costs down and money in your pocket by recycling e-waste responsibly.
These 5 tips will help you reduce your costs and keep money in your wallet:
Don’t buy new, Reuse what you can, Keep track of your electronics, Know which electronics can be recycled for cash, Organize your e-waste for disposal, and Conclusion Recycling electronics can help households and businesses reduce their e-waste disposal costs. There are many benefits to recycling electronics, including keeping more of your hard-earned money in your pocket and reducing greenhouse gas emissions.
However, it’s important to remember that these benefits come at a cost. While recycling electronics can help you save money, it’s important to remember that it’s a bit like playing the game of “shell game” with your hard-earned money. While recycling electronics can help you keep more of your money on-hand, it’s important to remember that it’s a bit like playing the game of “shell game” with your money.
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