All Hung Up Add a bit of color to your garage storage. Paint squares on a pegboard to designate spots for specific items. Hang the pegboard on wall stud and equip it with bins for an innovative storage system. The sideways bins stow often-used accessories that are not easily hung from hooks, such as gardening gloves and hose nozzles. Mount a large bucket to the pegboard for a modern take on a hose reel to boost function.