Metal Scrap Yard – Free Money Pt 2.

As the years moves along I realize that my year end goal of $500 is going to be difficult, mostly due to my failure to focus. I was able to acquire a decent load of scrap metal to take to the scrap yard. Even though I haven’t been posting to my blog I am still constantly researching and discussing with friends and family. This brought me to my scrap heap on the side of my yard, which my wife absolutely hated for good reasons. I was going to spend the time breaking down all of the components to maximize the profits but time became my enemy. My wife told me to call an old friend of mine who scraps metal and sell it directly him.20150605_160312 

Why would I give up my hard earned scrap metal money? Let me tell you why, if I waited until I actually took the time to clean the metal, load the metal and take to the scrap yard across town then most of it would probably have already rusted away. So I cut my losses and called my guy and had him come by and help me regain my side yard back. This brought up a good point, that most people do not own a truck and making extra money scrapping would be impossible. Well here is a quick way to make some money.

ScrapReceipt-Fixed

DDM Metal came by weighed my metal and paid roughly 40 cents on the dollar. Wow that is quite a blast to the old pocket books. The grand total came to $44.60 in straight profit. He rounded up to $45.00 to make things easy. My guestimates are that he will take this load and clean all of the metal and make close to $125 on this load. Since I don’t have the time, patience or will to do this $45.00 seemed like a fair deal.

9-10-15 Profit Update

This brings my total to a whopping $80.71 from the original $20. In my opinion this is terrible and if I had put forth any real effort I could actually be close to my goal of $500 by end of year. I am trying to regain my focus and push this blog back into drive and make it what I had hoped it would become. Feel free to leave me feedback, share, comment… whatever you like. Thanks – JB

 

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About upwardsoftwenty

Family man with two lovely daughters and a beautiful wife. I work in the Real Estate industry and own two small businesses. I enjoy fishing and life in general.
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4 Responses to Metal Scrap Yard – Free Money Pt 2.

  1. Claudia @ Two Cup House says:

    We just sold our pile of scrap metal last week! It’s a great way to make a few extra bucks and get rid of clutter. Win win!

  2. I have a friend who’s starting a silver business. He buys all these cool coins from the Royal Canadian mint and sells them in other countries (the RCM doesn’t have a lot of dealers in other countries).

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