Rig Organizer
Here is a great way to organize those loose fishing rigs for less then $3.00. Go to your local office supply store and pick up some coupon folders. These small little accordion type organizers are perfect for storing jigs, hook rigs and small lures. They are all plastic including the snap and come in multiple colors for easy organization for specific species.

Thanks to Mike McGrath for sending along this great tip

Rejuvenate your fishing line and save a few bucks by transferring your line to another reel.  Very rarely will you ever have all the line on a reel actually enter the water.  At best maybe one third of the spool of line will ever be used.  The line below the top one third will be almost like new.  If you simply tie the end of the line to an empty spool on another reel and crank it all on, the fresh line from the old spool will now be on top of the new spool.  You can use it for another season or until you feel that it needs to be changed and then bring it to your local tackle shop and have new line put on the reel.  I change the line on my every day tackle every month or two.  Fresh line will catch the trophy fish.  Bad line with a rough finish will be tough to cast and may lead to something that looks like this.  Very Scary!