What I lack in storage and counter space, I make up (no pun intended!) for in wall space. This solution not only frees up valuable surfaces (limited, in my case, to the slippery one inch border around my sink and the soap dish) but adds some visual interest to the bare walls. Creating this magnetic makeup board is as easy as fitting a piece of metal in a frame and covering it with fabric or sturdy wallpaper to blend with your decor, gluing small magnets onto the back of your stuff and onto a small cup to hold tools, and arranging everything artfully. In my simple spare bathroom, I'm planning to opt for Ikea's Ribba frame and inexpensive linen fabric. You can also use a metal cookie sheet or vintage metal serving tray.
This isn't a girls-only project — men might adopt the same idea to keep their shaving supplies off the counter.
For more details on how this was done, see the full DIY on Laura Thoughts.