And here are all the details for those of you who are inspired and ready to get organized in a wall-size way!
The only expense basically was the dry erase paint. It costs about $21, but you only need a tiny quantity, so you can keep the rest for future projects.
Other materials are:
1" blue tape
Ruler or measuring tape
1" vinyl letters - about $3 at Michaels,
7 place card holders - $4 at Ross (I bought that a long time ago and never used it)
Any scrapbook paper you have at home
Some spray paint- about $3-4 at Osh
The entire project takes about 3 hours, because you have to wait for the paint to dry and put on a second, and even third coat. You can use stencil letters or stamps instead of vinyl ones, and the bigger the space you have for such a project the better. Imagine an entire wall dedicated to it - you cannot get more organized than that...
Thanks for the inspiration, Miki!