To organize my selvages (long term project is making a king size quilt from them), I am using my old scrap sorter. My scraps were overflowing so I had to find another way to organize them. In any case, it's just a cheapo Wal Mart shoe organizer that I keep behind my sewing room door. Since it's kept open while I work in there, it's completely out of sight {and mind} until I find some more pieces to add to the slowly growing piles. Sorted by colors, it will save me some time later on when I decide I have enough pieces to start work on my selvage project.
Tutorial for selvage squares here:
http://www.quiltingboard.com/tutoria...al-t29407.html
You can use your shoe organizer for other stuff if scraps & selvage aren't your thing....notions, small precuts {charm packs fit nicely!} or for your smaller acrylics. I even thought about putting all my patterns in there to get them out of the cabinet but I realized pretty quickly that I would need 2 for all the patterns I own.
Happy Organizing!!
Heather