Stash organization!
Yesterday I put all my yarn in one place and organized it, even the cotton and old acrylic from the beginner days.  It wasn't as bad as I thought it would be.  I put a movie in (Notting Hill...love it) and went to town.
I am donating 17 skeins of yarn to the kid's daycare as they use yarn all the time for crafts.  And I am actually throwing away yucky scraps!  I found maybe 3 skeins of wool I didnt' love, I bought them as seconds and the colors don't speak to me.  I'm not sure what I will do with them. 
I organized the yarn by projects I have in mind and put them in bags together with a note naming the project.  So now I have a huge rubbermaid tub full of "project yarn" and 2 rubbermaid tubs mostly full of "other" yarn, 3 small totes full of specific yarn (sock, undyed and peace fleece).  Now when I started I didn't have the project yarn tote.  Somehow my yarn has multiplied without me being aware.
It is great to see exactly what I have.  For a long time I bought yarn in 1-2 skein "lots" to use for cloth diapering, but now my olders is potty learned and the youngest is in spoises, but I still have a lot of single skeins.  But now I have plans for most of it!  Can we say sweater vests? :)
I learned that I have a lot of great yarn and some fun projects ahead of me.  I hope I remember this the next time I am tempted at my LYS or my fav online store ( www.littleturtleknits.com )
Now I am off to my knitting overnight trip! :)
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