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Organize all of the cards you don't want to get rid of into cute books! I need to do something like this. I can't seem to let go of certain cards. :)

Kids' Keepsake Boxes with files for: Birthday Cards, Report Cards, Artwork, School Pictures, Toddler, Preschool, 1st – 12th Grades (1 file for each), Academic Awards, Athletic Awards, Sports, Theater, Misc Awards

Skinny Momfrom Skinny Mom

7 Holiday Kids' Crafts that Double as Grandparent Gifts

take a picture of the child making the art and then frame both

Coupon Closetfrom Coupon Closet

Frugal DIY: How to Make your own Photo Key Chain

You can use old credit cards, cut to size. glue on scrapbook paper, pictures, stickers... add a layer of mod podge to seal. Love this!