Happy Tuesday everyone! Today we’re sharing an infographic we put together that clearly demonstrates the staggering volume of old cell phones that will be placed in desk drawers or tossed in the trash in 2011 alone – *143 million cell phones* – which averages out to about *$3.5 billion* that Americans could be making by trading those phones in for cash.
In today’s shaky economy, trading in old electronics is a very real way for consumers to earn cash fast. Many people aren’t aware of the latent value in their old phones, mp3 players, tablets, e-readers, and other devices. But if everyone traded in their unwanted devices for cash, on average that would be enough money to buy every American an iPod® nano, a month’s worth of gas OR a week’s worth of groceries.
So next time, think twice before ditching that old gadget – it just might be worth some serious cash!