Peg Board Jewlery / Scarf / Sunglasses / Belt Holder

I saw this idea on Pinterst (thanks ) and thought it would work great for my daughter.  The one I saw had only jewelry on it but my daughter wanted to add her scarves, belts, sunglasses, hats, etc.  We went to Home Depot and purchased a piece of 24 x 48 inch pegboard and a set of pegs.  I then realized I would need some way to leave a space between the wall and the pegboard so the pegs would fit.

 I walked around until I found some small moulding that looked to be the correct size.  They had a saw near the moulding where you could cut it yourself,  so I cut it to fit the pegboard. 

I brought everything home and attached the small piece of moulding with wood glue and finishing nails.  I then just used the holes in the pegboard to attach it to the wall.  The total was around $25.