Hanging file folders
I store my paper in hanging file folders in a file cabinet. I suggest keeping your paper covered and protected from sunlight, as my first storage idea which was uncovered, left me with some bleached ends. I used to store by color family, but found that I knew my color names well enough that my preference now is alphabetically. I store my colored cardstock in my top drawer and neutrals in the bottom. I've also tried a variety of methods for my scraps and found that keeping them in a page protector in the hanging file with the larger sheets seems to work for getting them used more often. Sometimes when I'm in a stamping frenzy, I tend not to file my scraps right away. I'm currently reorganizing my stamp room and will be placing a letter tray near by for un-filed scraps to file when I have time. With this being said, I think that your paper purchasing habits will dictate some of how you organize your paper. If you will be using all SU cardstock, then you could organize by name or color family, but if you are going to use cardstock from different manufacturers, you may find that filing by color (reds, greens, blues, etc) may work better for you.
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