If you’re like me, you like your monitor to be at eye level. A very inexpensive and very easy way to achieve this is to simply place your monitor on a stack of big books. This will certainly do the job as well as any stand. You will, however lose the space under the monitor. An alternative is to get a riser that has a drawer and/or shelf incorporated in its design, that you can use to store office supplies.
Computer monitor riser:
Computer monitor riser pictured: Victor Wood Monitor Riser, 1175 (Mocha Brown) by Victor
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