A pegboard is a useful way to organization your tools. A pegboard can be created by placing different sized objects together and then marking where they should go. This allows you to easily find the correct tool for the job.
For instance, there are many places where you would need a hammer, a screwdriver, a set of pliers, and a wrench. These places include construction sites, remodeling projects, and other general jobs.
Parallel to the object markers are space-saving solutions such as placing all of your tools on separate shelves or racks. This is best used for long-term storage as the tools must be removed and put in place before use.