Peg Tool Hanger..Small tools such as trowels, hand cultivators, and pruners get lost on shelves. Keep them on the inside of your shed door instead. Drill 1/4-inch holes into the door's crosspiece or into a 1-by-6 attached to the wall; cover the bottom half of 1/4-inch pegs with wood glue, insert them into the holes. Let the glue set before hanging up items. To hang a tool with a handle but no strap, install two pegs: Drill two holes, spaced to fit the handle's thickness, then glue in pegs.