How can I save space on my Macbook Pro after making videos on iMovie & FCP ? Should I delete my files after?

Okay so I make a lot of videos on my mac for my Youtube Channel. I have quite a few projects and movies from Movie, but ive recently switched over to Final Cut pro and the rest is history. However im running out of space on my hard drive, FAST! to the point i cant even edit my new video. Silly me for not paying attention to the warning signs (ie slow computer duh...)
So my question is, is it smart to delete my projects, events and original videos once ive exported and uploaded the the final video? I think Im quite the hoarder when it comes to these things like im worried i might need it for something. Is there anyone who has a YT channel or makes videos regularly relate to what im saying and what are your ways on saving space and what you do once you've finished your project?????
Thanks a bunch if you can help I just need someone else's insight and opinion to help me decide what to do....

There are really two answers depending on how much money you are willing to spend, and how much editing you plan to do on the footage.
Option 1) You can rely on your Digital8 tapes for backup, and re-import them if you ever need the footage again. You can delete your event files (once you have completed all Projects). Once you have SHARED your projects in all sizes you need, the projects are in a compressed format. Once you delete the Event files, no further editing will be possible.
Option 2) Keep the Event Files on a large external hard drive, and back it up. This way, you have maximum flexibility for future editing, future new projects, and you don't have to worry about the lengthy import from a nearly obsolete tape format again. I recommend Option 2. External drives are relatively cheap these days, and your time is probably more valuable than the cost of an external drive and the cost of the re-import.

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