I did a DIY post a while back on creating your own nail polish holder out of a hanging jewelry case » (click for the post)

I have an UPDATE:

The actual hanger on my polish holder broke off and all of my polish fell on the floor … luckily on carpet ::wipes brow:: So word of advice from a lesson learned, put 1 polish in each slot instead of 2 to prevent it from being too heavy.

I went out and bought a new rack for my polish that fits perfectly in the corner of my room and still holds all of my polish. I organized them in color order so they were easier to find based off what color I was feeling for the day 🙂 The very bottom holds my toe separators, nail clippers, cuticle oil, and nail polisher.

Much better idea lol