Organizing my home office/guest room

I have to blog while the SEC Men's Basketball Championship game is on. My stomach is in knots, and blogging, and Internet browsing is keeping me sane right now. Big game on the line for my dawgs!

Okay, so yesterday I bought a new desk. I have been wanting a new desk for my home office/guest room since I moved in, but haven't found the right one for the right price until yesterday. So, I purchased one from Wal-Mart, believe it or not. Their Better Homes & Gardens collection actually has a lot of cute stuff.

Here's the problem. I know this bedroom is crowded. But, I need a queen bed in there for my family (who has season tickets to football games and comes to visit quite often), and I need workspace. So, I just have to make the best of the tight space.

Here's what i have right now:

I really want to keep the desk cleaned off as much as possible. I would love to have workspace for when I need to spread stuff out. I also tend to be a "stacker" when it comes to my desk. (At work, my desk is always a mess.) Installing some kind of organization system where I can temporarily "stack" mail and other papers would be awesome!

Here are a few items I have found:


I had to idea to find some cheap pails like this to hang from hooks underneath a cabinet. That way I could still have my pens, pencils, scissors, etc. handy, but they are off of the desk.

I thought this chalkboard was cute. I've always like the ideas of putting old fashioned chalkboards in offices. I have one that I could paint black and hang on the wall. I could keep lists here. I also like lists.

I like these vintage keys. Not sure why, but they just appeal to me. I don't know that I would actually put these in this room, but they kind of are serving as inspiration right now.

Also in this room, I already have a few photographs I took on a trip to England. I plan on keeping these in the room, as well as the flower above the bed. (It was a super awesome find that I bought at a local shop this summer. Got it on major, major big discount!) However, the mirror I have never really liked, and it can totally go.

SO....here's the deal. I need help with some suggestions for this room. What would you do? I want to keep the office materials in neutral colors, so I'm going to stick to black and white. The other colors are going to remain red and gold. (I'm doing this on a budget, and not changing all of these colors.)

What are your thoughts? How can I make this small space work?