This comes on the back of other conversations about closet management. I am trying to feel my way towards a new way of buying/wearing/moving on clothes and would be interested in other people's thoughts.

If something has holes or is stained it is easy to decide that I cannot wear it. If it is a bit baggy or pilling a bit I still feel 'it has some wear in it' (my make do attitude...). I would like to move on from this without feeling that I am wasteful with my clothes.

Where do you draw the line? How tired does it have to be before you retire it? (and I know it's probably different for different types of clothing).