How to Make Money with Aluminum Cans

How to Make Money with Aluminum Cans thumbnail
Build up your bank account and help the environment by recycling aluminum cans!

Metal recycling companies across the United States pay for aluminum cans. Although the going rate for aluminum changes daily, the demand for the aluminum that may be reclaimed through the recycling of aluminum cans remains constant. With time and effort, you may turn what is casually tossed along roadsides into a small but steady source of income, even as you help to clean the environment.

Things You'll Need

  • Can crusher
  • Recycling containers
  • Vehicle
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Instructions

    • 1

      Locate the nearest companies that pay cash for aluminum cans. Call each company on the same day to determine which is paying the highest price per pound for aluminum cans.

    • 2

      Collect cans. Thirty to 40 aluminum cans equal 1 pound of aluminum. Establish a route and patrol it regularly to pick up cans tossed to the side of the road by motorists.

    • 3

      Enroll in your effort neighbors and residents of other neighborhoods. Provide containers into which they may place recyclable aluminum cans and ask them to set the cans outside on a specific day so that you may make a pickup without disturbing them.

    • 4

      Crush the cans as you collect them to avoid the time-consuming process of crushing many cans at the same time and to maximize the use of your storage space.

    • 5

      Set a target number of cans for each trip to the recycling plant. According to the website "Benefits-of-Recycling," the price per pound that recycling companies pay for used beverage cans ranges from 28 cents to 55 cents, depending on the market area.

      Using 41.5 cents per pound as an average and 40 as the number of cans required for 1 pound of aluminum, 1,000 cans would yield $10.38. Waiting until you have accumulated 5,000 crushed cans and delivering them in a single trip would gross just over $51.00.

Tips & Warnings

  • Don't forget about the cans you can find along the side of the road. By picking these aluminum cans up, you clean your town and make money!

  • Take the cost of transporting the cans into consideration as you plan your schedule of delivery. If reaching the nearest company that accepts used aluminum cans and compensates you for them requires a round trip of 100 miles or more, frequent trips could significantly diminish your profit and undermine your efforts.

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References

  • Photo Credit www.sunipix.com

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