Keeping large handled tools, such as sledge hammers- and axes-, hung up on a wall surface keeps them neat and handy. To hang, drill a hole crosswise in the handle an inch or so from the end so the head will be flat against the wall. Since the hole is near the end, it won't weaken the handle.
Accessories available can turn your plastic 5-gallon buckets into handy tool carriers. Another way to put them to use is for storing extension cords. Cut a hole near the bottom. Feed the female end just through the hole from the inside. Then coil the cord into the bucket for easy carrying. You can also put small project parts inside of recycled plastic peanut butter jars and store them in a bucket. The jars are easy to carry around, won't break, and let you easily see inside.
Save time searching for your tools by organizing your workshop. Use your wallspace for good visibility and easy access. Open shelving is great for storing heavy tools and organizing shop hardware. Drawers are a good place for smaller tools and especially sharp ones. Make sure your working surfaces are large and free of clutter.