Whether you choose to hand them down to a friend or donate them to the Salvation Army, let them go.
For the frugal and pennywise, there are alternatives to dumping your gently worn but outdated clothes.
Sell them.
I recently sold some clothes yesterday, and I plan to sell some more. Try it out.
Buffalo Exchange allows you to buy, sell, or trade. While they aren't extremely picky, the majority of clothes they accept are vintage.
http://www.buffaloexchange.com/
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