Cut narrow strips with a sliding jig. To make the jig, attach a 5-in.-long strip of wood, 1/16 in. narrower than the width of the desired rip, to the end of a 1x6 as shown. Basically you're creating a horizontal push stick. Add a handle near the end of the jig to give yourself better control as you run the jig through the saw.
Save money by making wood drawer slides for the tool storage cabinets. Get the plans for the Ultimate Tool Storage Cabinets: http://www.familyhandyman.com/tools/storage/ultimate-tool-storage-cabinets/view-all
I want to build this or my shop... Tool-O-Dex Plans: Build the Ultimate DIY Tool Rack Typical workshop pegboards are too small for a big tool collection. The solution? Take a cue from the office rolodex and build a Tool-O-Dex, a pegboard flip book that packs 64 square feet of storage into 8 feet of wall space.