Cereal box covered in scrapbook paper with magnets on the side of the fridge. Great place to put the mail pile or menus. Or school papers to sign. (I would just glue magnets to the back of the box, it would look better.
Sheets stored in their own pillow cases. I started doing this about 10 years ago & it's so nice to go in & grab one pillow case! I know that all the pillow cases & sheets are all together. No more hunting for the entire sets!
jewelry holder - get a strip of wood and some knobs from Hobby Lobby or World Market! I love the drawer pulls at HL! I need to figure out something with the pallet wood (maybe a frame?) that can incorporate an eclectic collection of HL knobs.