This is a very cheap and easy way to get organized not only when carrying fasteners and the like when working around the house but in your shop as well. I've been doing this for years and it works like a charm. Forget paying for the organizers and bucket bags and the home improvement stores.
This type of organization is superior to the store bought bucket organizers as one has screw on lids so if you drop them, your nails, screw, etc will not go flying everywhere.
Step 1: Gather your materials
Materials are pretty easy and cheap. Get yourself a good 5 gallon bucket. Restaurants usually are a good place to get them or just pilfer one off of a job site. Peanut butter jars are next. Save them from your own home or, again, pilfer them from a recycling yard. Be sure to keep extra lids on hard (this is important). Optional: either good, study carboard or plywood of your choice. Make sure both the bucket, jars and lids are clean.