It's a two for one post day. Please ignore the horrid photography skills for this pic... the lighting in my basement is very sad.
This is my current collection of chipboard letters... well, the ones I've opened anyway. Like buttons, I love chipboard for it's texture and ease of use. I lose paitence with cutting out letters all the time, so this is a simple solution. Each set is placed in a baggie and pinned to my corkboard. Not a very elegant solutions, but cheap. These are all things which I had around the house. I'm still looking for a new plan, but this will do for now.