But here at Albertsons Home Center, we know projects go more smoothly when it’s easy to locate each tool and material exactly when you need it. Here are our top five creative ways to store and organize your drill bits so it’s easy to see what you have, and what you’ll need …

Magnetic Bar: Screw sturdy magnetic strips along a 2×4 and install it on the wall of your work area. Your drill bits will stick to the magnetic strips, and it’s easy to grab the ones you need. Plus, clean-up couldn’t be easier. You could also use this method for organizing hex keys or slim saw blades.

Source: FamilyHandyman.com

Indexed Stand: If you’re trying to decide between 1 1/8 and 1 1/4, it can be hard to visualize until the hole’s actually made. So build a simple wooden frame that can hold your bits standing upright, and attach a strip of 1/4” plywood along the front that shows you a full sizing index. With just a quick glance at the sample holes, you’ll know exactly which bit to choose for your next project.

Source: Tips.WoodMagazine.com

Spinning Spice Rack: To organize a large collection of drill bits, try converting a lazy-susan spice rack into a spinning organizer — with a slot for each bit. It won’t take up much space on your work table, and can be easily moved from room to room for projects.

Source: Stuller.com

Simple Tray: There’s no need to create anything elaborate if you can find or build a simple, shallow tray. Saw the back on a 45-degree angle so you can screw it into the wall, and the tilted tray will neatly hold your drill bits at eye level.

Source: WoodWeb.com

PVC Pipes: You can use plumbing pipe to organize just about anything in your garage, shed, or basement. Saw short pieces with a 45-degree angle on one end, and screw them into a wall or pegboard. The cubbies may be too small for your tiniest drill bits, but they’ll work well for larger bits — as well as screwdrivers, wrenches, pliers, and other small hand tools.

Source: FamilyHandyman.com

Happy organizing!