Some one had recently posted asking how to store extra yarn, but I managed to lose track of the post. 
Anywho… I found a solution that works for me! I glued the caps of prescription bottles to the side of my craft drawer and a couple of boards that I mounted to the wall. Now I just slip the yarn off my winder and on to the empty bottles. Instant vertical organization!
Also - the yarn labels can be rolled up inside the bottles too!