I don't cut them until I am ready to use them.

I would pick out a pattern first then start cutting. Any time I had the bright idea of cutting my scraps prior to picking out a pattern .. I live to regret it.

If it is almost a fat quarter dont cut it. Smaller scraps I cut into the sizes that fit best.

I don't cut until I use them. I store them folded into clear plastic boxes marked "usable pieces"....and I get into those boxes often!

Jan in VA

Bonnie Hunter's site is a good suggestion. I also cut 10.5" squares, and keep by theme (girlie, woodsy, etc.) and use them for making pieced backings.

I cut 5' squares and 3' strips. I use them for scrappy quilts ( all my quilts) and never seem to have too many cut. Since ironing and cutting are not my favorite things to do, I'm more likely to start a new top if the cutting is started, keeps me going. Also I send my GD 5" squares to sew as she's only 12 and shouldn't be using the rotary cutter. She loves getting an envelope of squares in the mail.