1. Store spices in a cool, dark place away from sunlight (light will fade spices with naturally bright colors, such as paprika, chili powder, and red pepper).
2. Store in airtight containers. I recommend purchasing a set of these glass jars from Amazon.com and transferring your spices into them.
3. Label the jars using a label maker or printed labels from your computer for a nice clean look.
4. Date all spices with the date of purchase using a black sharpie. If using glass jars, place a small sticker on the bottom for dating.
5. Toss spices after one or two years (typically this is when they're at their best)
6. Store spices somewhere near the cooking area (in a cupboard or drawer), but not right next to or above the stove (heat will rapidly cause your spices to lose their freshness and potency).
7. Consider using a 3-tier shelf in the cupboard or a spice drawer insert in a drawer for your spice storage needs.
8. Alphabetize your spices to make it easy to find what you need.
9. Have a lot of spices? Consider having two storage locations - one for the spices you use most often and the other for the spices you use only sometimes.
10. If you do choose to purchase a spice storage rack (there are many on the market), give it some thought first to make sure it will suit your needs and fit in the space you have.