Cashing in old mobile phones could save money

Struggling consumers who are hoping to save money for the upcoming festive period have been advised to dig out their old mobile phones and cash them in.

According to the Metro, gadgets and gizmos worth millions of pounds – that may have been unwanted gifts from last Christmas – are gathering dust in drawers and cupboards across the country.

The news provider urged Britons to search through their homes for unused laptops, tablets and mobile phones that are in good condition in a bid to enjoy some additional funds during the festive period.

Around a quarter of individuals have a spare computer in their home, while 22 per cent are thought to have at least two mobile phones.

Individuals could receive as much as £215 for an iPad 2 64GB with 3G WiFi, as well as £231 for an iPhone 4S.

Ashley Payne from said: “When you upgrade your mobile phone for example, don’t just leave it in a cupboard to get dusty – cash it in – and remember the longer you leave it, the less money you’ll get for it.”