One in One Out Rule. How do you keep your wardrobe under control?

I have lots of clothes.  I don’t know how I ended up with so much, but every time I have had to move houses, it’s an absolute nightmare.  As easy as it is just to say, “stop buying or stop making so much clothes!” if fashion is what you love, there must be a way to enjoy it, in moderation.  Our apartment only has one built in robe, which is supposed to be equally split between the two of us.  Of course, this is not the case and slowly but surely my stuff has crept into Dave’s side.  I’m proud to say that I now apply a “one in, one out” rule, which basically means I can only introduce new items to my wardrobe if I remove an existing item.  It seems to be working, and although my wardrobe is still full, it has reached equilibrium.

This rule is a great initiative to keep your wardrobe updated as well.  Here are some ways I implement the “one in, one out” rule:
– Go through your wardrobe twice a year, at Summer and Winter, removing anything which has not been worn for the last two years.
– Unless you can tailor them, get rid of any ill fitting clothes.
– Sell what you can on ebay.  I’ve made pretty good money towards my next purchases doing this.  Here is a post on 5 tips to buy & sell clothes on ebay.
– Wash and fold everything else and donate it to charity.

Any other tips you would like to add?  I’d also love to know how everyone else keeps their wardrobe under control?