Most people wear only about 40 percent of the clothes they own. Americans discard 690,000 tons of clothing a year, which breaks down to about 20 pounds per year for a household of four.
How can you save $100? Instead of hitting the mall, throw a clothing swap party with friends. This saves the planet by conserving the resources and energy used to produce and transport new clothing.
Plus, a clothing swap is a great way to catch up with friends you haven't seen in forever. Anything left over can be donated to charity—and it only seems fair that the organizer gets the deduction! As a bonus, many charities will pick up large donations.