$20 pegboard and hooks from the hardware store. $7 nut/bolt box from Walmart. Makes the perfect way to organize jewelry! Separate by color on hooks and write earring colors on the front of the plastic drawers.
I only wear studded earrings and I lose them so easily. To make a quick storage/organization box, simply cover some strips of Styrofoam with a thin cloth and stick the backs into the foam. Looks pretty easy.