Recycle Your Old Electronics

Cost Savings: $125 or more

We all have that drawer in our home, filled with discarded cell phones and chargers we don't want to throw out (don't!) but don't quite know what else to do with. Here's what you do: Recycle them for cash. Sites like SecureTradeIn.com, YouRenew.com and Gazelle.com will pay for your used phones and other electronics. When we compared prices last year, we found 21 cell phones worth $125 or more — and laptops, tablets and other electronics can be worth even more.

Even if you find your old hunk o' junk has been sitting so long it has no value, remember that the parts in it are still valuable (and potentially toxic if not disposed of properly) so clear the clutter and recycle your electronics — or look into donating cell phones to charity.