When my kids were young, we would take a couple of days in the fall and then again in the summer to weed out clothes. My daughter's clothes were given away, my older son's clothes were stored for the younger one, and the clothes that my youngest had grown out of were passed on as well. Organization is the key! We were able to save lots of money on clothes just knowing what we actually had and what we really needed to buy.
These days, with the rising cost of gas and consequently, everything else, it's going to take some smart living in order to make wise money choices. So much of that can be done by simply being organized. I am definitely not organized by nature, and it is something I have to constantly work at--but my family is worth it, and I know yours is, too!
Check out my favorite helps:
http://www.flylady.net/
http://www.familymanager.com/
http://www.organizedtimes.com/
"Double protection: wisdom and wealth! Plus this bonus: Wisdom energizes
its owner" (Ecclesiastes 7:12, Msg)
~Rebecca