A method of managing a memory in an electronic device is provided that includes calculating an indication of remaining life of a memory component that is used as a swap space by the electronic device; and adjusting the use of the memory component as a swap space based on the indication of remaining life, wherein the adjusting includes one of: (i) reducing a rate at which data is swapped in and out of the memory component, and (ii) discontinuing the use of the memory component as a swap space.