sunrise450, you have a great start because you are starting! Nothing will get done if you don't. I'm still struggling with this, too, but I'm realizing unless I sew 24/7 for the next 30 years I won't use it all. I would love to be able to sew when I'm in my 90's, but I must be realistic. I keep a bag for giving to the local thrift shop. When some one in my guild talks about a project and needs a certain fabric...say kids fabrics or particular colors..I find the items for them and off it goes.
Ok...you are burning daylight..time to get rid of some fabric by sewing! Have a good one folks!