Don't cut it until you need some. Though if I have a huge piece, 10-15 yds, I will sometime cut a 1 yard piece to put in my cabinets and then put the large piece in the garage in my fabric storage tubs, that way I know I have some of a fabric if I am pulling for a quilt.
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My newest Grandson, Caleb Austin, was born May 29th. I am now Grandma to 4 precious babies. I am so blessed!!!!