I saw a few versions of this on Pinterest and it looked super simple to make. Why hadn't I thought of something so easy? All you need is a piece of wood, nails, twine, hammer and a drill.
1. Hammer the nails into the wood.
2. Drill two holes at the top for your twine.
3. Fill with your spools of thread.
Total cost: FREE!! Only took about 5 minutes to make too!