You don't need a lot of gear to build this elastic tool holder. A piece of scrap wood, some elastic stretch cord and some heavy string. That's about it. It's simple, effective, and works great with a pegboard system for organisation and accessibility. Photo by Emily Fazio.
DIY Network has the full step by step on this project (linked below) but it's super simple, whether you have the pegboard backing or not. Just drill some small holes in the scrap wood, run the elastic cord through the holes and tie them down to the spaces with a little twine or heavy string to keep them in place. Test the elasticity of the spaces between the holes to make sure you have enough room to secure and retrieve your tools, and when you're finished, tie it all down nice and tight. That's it.
Since the whole thing is mounted to a piece of wood, you can mount the wood on the wall of your garage or workshop directly or, if you're using some pegboard backing like the photo above, you can use some more of that string (or a couple of metal hooks or screws) to secure it to the pegboard. However you mount it, make sure it can stand the weight of the tools you have in it, and you'll be good to go. At the end of the day you'll have your tools where you can reach and replace them, and out of a cluttered bag or drawer.
Easy Elastic Hand Tool Storage [DIY Network]
Thanks to Jim for the tip!
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