The text of the file should include where the link pointed to originally. Then remove the links you do not wish to archive. Check disk usage. Use du -sk on your home directory to establish where space is being used up. This may help determine how you want to split up your files for archiving.
Text files get much better compression than say video files.
Now you can decide how to effectively split up the archiving. Archive your account. The zip tool has several options and we recommend viewing the man page for a detailed account of how to zip files. This has the same effect as above but removes the files after they are added to the zip archive. The more timid may wish to avoid this method.