You guys are nuts loading yourselves down with all that. I only carry a deck...a sharpie...wear some rubber bands...and carry a mismade bill. All you need is like 3 or 4 things for unpaid gigs and some business cards.
Even at a paid table hopping or strolling gig I roll with like 9 effects total.
Pocket management is crucial and imperative.
Not everyone who is into magic is doing it professionally though. Most are hobbyists who are just doing it for the love of the craft--which is awesome. And hobbyists too want to do more magic than what they can accomplish with just a deck of cards, a thumb tip, and some rubberbands when they go out to do their thing. The majority of magicians buying effects right here on this site fall into that category. They buy Smoke, Psypher, Distortion, Spreadwave, Dresscode, etc., etc. because they want to perform the effects and enjoy them, not leave them in a drawer waiting for a paid gig. And I think part of the problem Joey is having is knowing which effects he should be taking out and enjoying and which ones he should leave at home, because he probably doesn't know which ones he'll get more opportunities to enjoy performing.
Joey,
It does sound like you have more material than you need. My suggestion is this: decide the effects you want to be permanent staples in your repertoire--effects that are diverse and you will get a lot of use out of and can manage carrying without any trouble on a daily basis. Write these down. Get comfortable working with just those effects for a couple months.
All the others you have become special effects--effects you can change up depending on what you think you'll be doing that day and who you think you'll be around. You only need add one, maybe two of these at a time.
This will give you the freedom to have a regular working repertoire to rely on when you go out, and at the same time allow you to throw one or two special things in your pocket to change it up every now and then.
When I go out I naturally always have my wallet, keys, rubberbands, iPhone, and a ring. These are things that either don't take up any pocket space or that I have to carry anyways. Just with those I have more than enough magic on me to entertain, and that doesn't even include all the impromptu effects in my repertoire. The first magic things that go in my pockets are a deck of cards, Sharpie, lighter (Branded), and my Quantum Bender. After that I still have an entire pocket (actually I usually have three more because I usually wear cargo pants) free to throw in anything I want that I think I might want to make use of that day (for a while now it's been a small notebook pad set up for Psypher).
I think, though, that you are now seeing the reason effects that either pack flat, are impromptu, or offer some diversity to them are so valuable. There are lots of cool effects out there, but before you click the "Buy Now" button it's always best to consider if it's something you're really going to put to use. It's better to have a few effects you do very well, can perform in any situation, and that you'll get a lot of use out of than it is to have a bunch of effects you can do OK and have trouble managing and remembering even exist.
Feel free to post some of your favorites here and I'm sure you'll get some advice on designing your "every day repertoire."
Hope that helped.