This DIY Elastic Tool Holder Keeps Everything You Need Close at Hand

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 organization and accessibility.

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 die 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.