Get Money From Recycling Instead of Withdrawing A Payday Loan

When money is tight, as it is for many right now, people begin to look for supplemental income in order to make ends meet. This comes in many forms, including picking up a second and possibly even third job, selling items online, or borrowing money from others.

You might even consider visiting a payday loan lender to take out a cash advance. While these options can be helpful in dire times, there are alternatives that can help you to avoid resorting to such measures. One often overlooked source of income is recycling. There are many common household items the come in recyclable containers and by taking a couple simple extra steps you can put some cash in your pocket and avoid a payday loan.

When recycling, you will want to be sure that you have a system. A good way to do so is to have multiple containers for your various recyclables. In addition to your normal trash can, you should have a can for every material you plan to recycle, including plastic, glass, and aluminum. These are the most frequently recycled materials, and the most lucrative. Aluminum in particular is the best option for recycling, as it is light and easily carried to the recycling center.

For frequent soda drinkers, choosing not to recycle is equivalent to giving your money away at the store counter. Remember that anytime you purchase a beverage that comes in one of these containers, you also give a five cent deposit to the state. By bringing these containers back to the recycling center, you are getting this deposit back as well, thus getting back your own money. If you are unsure about whether an item can be recycled, search the label for the recycling sign, which is usually three bent arrows shaped into a triangle.

Cans and bottles are not the only thing that can be recycled. You can also get money from recycling your electronics. Old phones, batteries, video games, and other items that are frequently upgraded can be recycled for either cash or a reduction in the cost of the replacement product. For example, when purchasing a new phone, you should bring in your old phone to trade in.

Phone dealers will often take off a portion of the price for such a trade, giving you money for something you would probably just put aside and forget. Also, many office supply stores will give you money for your recycled ink cartridges and other computer related equipment, such as printers and laptops. While the money you receive from such transactions will be only a portion of what you originally paid, it is most likely that you are not using these items any longer anyways, so why not get some cash from them instead of letting them collect dust?

Recycling has the added benefit of reducing waste and helping the environment. By recycling cans and bottles, you help to eliminate debris by allowing for the material to be used again. This is particularly important with electronics, as improperly disposed electrical equipment can leak very harmful substances that seep into the ground and find their way into our water supplies. In choosing to recycle, you make the choice not only to put some much needed cash in your pocket, but also the choice to make the world that much cleaner for yourself and future generations.

Before you sign on the dotted line for a payday loan, consider your other resources first. If you feel that your circumstances warrant going to the payday loan lender, make sure you do your research. Credible lenders are here to help with low-rate short term loans that can help get you by from one paycheck to the next without having to take out long term debt. If you are confident that you can pay back your loan with your next paycheck, then a payday loan may be a good resource for you.

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