I'm still trying to figure it out but for now I group the fabrics by color and put them in clear plastic shoe boxes, although I do have 2 boxes just for Christmas fabrics. For fat quarters, I put those in a plastic three drawer organizer I got at Walmart - I have 2 drawers full of just fat quarters. The third drawer is for kits that I have bought that I need to work on. In my other three drawer plastic organizer I have one drawer for panels (I love panels for some reason) and then the last two drawers contain my batting scraps. I also bought a GIANT round tub with thick rope handles that I stash under my cutting table that hold all my fabric scraps. I also have a bag hanging on the back of my sewing chair that I put really small scraps - I use those for stuffing small projects (small ornaments, etc) after I cut them up in to really fine pieces.