Today, I discovered Cyndi Lavin, a mixed media artist.
It seems that she can create anything out of things that you would discard without a second glance; from optical lenses to computer bits and pieces. Don't take my word for it take a peek at Why Not Art and see what she has been up to.
On my promise on what you can do with the fabric from your button-less abandoned clothes, let Cyndi inspires you with the pictures and ideas she has posted on Layer Upon Layer.
She could be the start to your "Don't throw it!" lifestyle.