You may love collecting coins and precious metals but simply can't find the money to invest as much as you would like. In this new segment, Money for Metals, I will teach you some of my tricks to increase the amount of money you can invest.
Tip #1 : Can/Bottle Returns
The average North American drinks between 70-85 litres of beer per year and between 170-200 litres of soda. Additionally, most provinces and states charge deposits on each can or bottle of these drinks that are purchased. You can get these deposits refunded if you return the cans and bottles, but a surprisingly large percentage of people do not!
So combined, the average North American drinks around 240-285 litres of these beverages which works out to 720-855 cans and bottles each. With a typical deposit being 10 cents per can, that is $72.00 - $85.50 that is being thrown in the trash each year! And that is for each person in North America! Wouldn't you rather have that money invested in coins and metals compared to just tossing it out with the garbage!
And if you don't mind hunting, think of all the cans and bottles your neighbours are throwing out! In your neighbourhood alone there is likely $5-$10 worth of cans and bottles in people's recycling bins every trash day! Why not go get it and help the planet and your wallet!
Stay tuned for more ideas and feel free to submit your own. I am always interested to hear about how people finance their investments.
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