When I first started sewing (and building my fabric stash), my fabric collection consisted of quilting cotton, cotton lycra and felt. I didn’t have a whole lot of fabric, and it was pretty easy to tell which one was which!
I like to store my knit fabrics rolled up. I find it easier to see what I have and be able to pull out a roll without having all my fabrics topple over. The fabric labels wrap around the rolls, and then I tape them in place.
If the rolled up fabric is too large for the label, I either tape it on with washi tape or masking tape (that won’t leave a residue on the fabric) or grab another strip of paper and tape the two pieces together.