One of our biggest frustrations is looking at our closet, which is packed with clothes, and having nothing to wear. Without doubt, we could walk into a friend's closet and find several great outfits, and probably, a friend could do the same in ours. So, why not have a swapping party and let everyone end up with a new outfit?Swapping parties are the hottest new way to score a few new items for you closet without breaking the bank. The concept is simple -- you invite 15 or 20 girlfriends over, and everyone brings three items from their closet with which they're willing to part. Of course, everything must be in good condition, clean, and reasonably fashionable.

Oh, and everyone brings a bottle of wine -- this is very important. And at the end of the night, everyone goes home with a good buzz and several "new" items for their wardrobe, all for the price of a bottle of wine. What could be more fun?