A few weeks ago, I shared this cool photo of a giant wooden "pegboard" system that uses dowel rods to fill evenly spaced holes, allowing you to reorganize as your needs allow, with no extra holes in the wall. While, of course, looking totally awesome.
This week, I stumbled across an actual tutorial from Apartment Therapy contributor Dabney Franke, who came up with an affordable solution using a spade bit and a pre-glued up fir panel, both available at the home center. Grab some dowels on the way out, and you've got a charming storage solution in an hour or two.
Check out the full how-to here - DIY Project Idea: How to Make a Modern Pegboard Shelving System