Make money from your phone!

It is unlikely that the Global Recession has completely dampened people’s enthusiasm for new gadgets this Year End.

But for cash strapped consumers with a shiny new mobile in their hands, there is a way of making money from their old, unwanted handsets. According to mobile phone trade-in website Fonebank, only 20% of UK Consumers are recycling their mobile phones for cash.

A survey it conducted to find out what people did with their mobile, found that 28% put them away in a drawer while 23% simply threw them away.

“It is crazy that a lot of people out there are still chucking their phones in the bin when they no longer have any use for them”, said Mark Harrison, director of Fonebank.

Fonebank recycled around 10,000 phones in November, the majority of which are earmarked for Africa, Pakistan, India and South East Asia.

Other charities, including Age Concern and British Red Cross, are also offering people the chance to donate phones.

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