I don't cut my scraps until I decide what I'm going to do with them. I do put all strips into one of 3 bags--brights/ white, black,neutral/muted. I then have all my stash that is at least FQ or bigger folded and stored by color in a china cabinet where I can see it; and for those pieces that have had something "whacked" out of it (i.e. a circle) and not really very big in a plastic drawers again sorted by different color in each drawer. I do have 4 plastic shoe boxes that are smaller scraps that I dip into for applique or small piece.