I have an 8 year old daughter, and 6, 4 and 1.5 year old sons, and another daughter who is still being snuggled all day. We homeschool and I am a write-from-home mom. I have enough toys to populate the planet.  We have recently gone through and donated more than 3/4 of said items in hopes to tone down the madness.  The process wasn’t easy, but I came up with a great method. I laid out several toys at a time and allowed each child to pick three that stayed; the rest were gone.  It was interesting to watch their thought process.  They would discuss with one another about what items would be played with in what ways.  They would beg to keep other pieces, and I won’t lie, I caved on a few – but only if they presented a strong argument.  In the end, everyone was happy.