Here's a simple ring organizer you can make with things that you most probably have lying around.

You will need...
~A large Match box
~A Piece of thermocol / foam
~Some Fabric
~Rubber bands
~Pins
~Glue
~Craft knife

Step 1: Preparation

To make this ring organizer...
~Cut a piece of thermocol / foam that would fit exactly into the matchbox.
~Cut the fabric to approximately twice the dimensions of the matchbox.
~Mark ring slot on the thermocol as shown in the image.

Step 2: Making the Slits

Using the craft knife, make slits on the thermocol along the lines made, with depth half that of the thermocol piece.

Step 3: Placing the Fabric

~Place the fabric on top of the thermocol piece and pin one ends of the fabric to the back of the thermocol.
~With the back of the knife push the fabric into the slits made starting from the pinned end of the thermocol.

Step 4: Securing the Fabric

~Now, remove the pins from the bottom, apply glue to sides and bottom of the thermocol and secure the fabric onto the thermocol with the rubber band.

Step 5: Finishing

~Apply some glue to the base of the matchbox and place the thermocol into it.
~Let the glue dry and the box is ready for use!

Do leave your comments, questions or suggestions! :)
http://alternatecreations.blogspot.ae/2014/03/matchbox-ring-organizer.html