I don’t like to waste storage space. In a workshop that double as a garage, or possibly a garage pretending to be a workshop, space is at a premium so making the best use of it is a necessity rather than a choice.
The below picture shows one of my solutions. Brass hooks screw into the pre-existing end holes of my rasps and files, and then slide neatly onto a long pegboard hook. The handles stop the blades touching and damaging each other.