A middle ground between finished video and project file?

I never thought I would see this day, but my hard disks fill up like nothing. I simply cannot save all these projects. Once I have exported them to the one format I need at the moment, I delete all the source project material (videos, images, music files, project files, etc.) and simply leave the finished video. This might work at the moment, but what if I later want it in a different format? I'd lose data.
Is there such a thing as a standard, compressed, LOSSLESS format for this purpose? Like an "archival video" format, from which I can produce "end user" videos? That is, "ONLY save what is actually included in the final video, but 100% lossless."

ZIP squeezes files using an algorithm. Video is already heavily compressed right out of the camera and usually with a much better, much tighter, algorithm. It can not be further compressed without loss. That is just a fact of life for video people.
I never get rid of source material. Now that I am using a DSLR to shoot, I save everything to a hard drive, and then I make external backups to protect it. It was easier when it was all on tape. I just bought boxes of tapes. I am not inclined to buy boxes of SD cards.
The solution is to buy more hard drives. You can fit many many hours of video on a 2TB drive. If you live in the USA you can easily find 4TB drives for a mere $199 (frys.com). I remember clearly when I bought a HUGE 120MB hard drive (to replace my 104MB drive) for only $325. Boy, that was a steal at that time.
If you are a professional or a serious hobbyist, $199 is a drop in the bucket compared to the cost of your camera equipment. If you are a poor hobbyist, then I feel for you, but there really isn't anything that can be done. Get a second job shooting weddings maybe? Find a great band and create great music videos that go viral and ride their coattails? Sell your blood? Mow lawns? I don't have an answer for you. The only answer is spend money.

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