If you give them away... expect:
a) Never to see them again
b) For them to get ruined
c) For the one good one that didn't get ruined to be passed on to someone else.
AKA = Only give them away if you can give them as a gift.
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I kept my favorite clothes of my son (and still do!) because I'm planning on making a memory quilt out of them when he grows up! Also a gazillion and 1 pictures. And a few random things I taped into a box and have NO idea what they are! LOL, came across it in the basement the other week looking for something else, and haven't opened it yet.
I got FURIOUS with my husband... because I sorted out my son's clothes into 'give away' and 'keep DO NOT TOUCH'. The giveaways were clearly labeled in ziplock bags according to size. So what did he do one time when he was ticked at me? Gave away about half of my keepers to a coworker. No worries, not their fault. Ring them up, say "Hey, DH goofed, and gave you the sentimental clothes, can I switch those out with the ones I'm passing on?" and got stonewalled by the coworker, and then bashed by my husband (ahhhh... SO glad he's my soon to be ex!)
Moral of the story: If they're special to you, keep them.
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Other things : I had some of his artwork framed. Did his growth chart on a piece of wood (we moved a lot when he was little, and I wanted to bring it with us), and his lovies can be pried out of my cold dead fingers in a hundred years.