I put double sided tape on the clip board, put the wallpaper on and then wrapped the paper around on the other side like a present. I took an exacto knife and cut around the clip part at the top. Then I put letter stickers on the top to indicate what the board was going to contain (Home, Holidays, Tutorials). You can make yours whatever category you want.
Then I just clipped my loose papers to them and voila they were no longer in my way. Easy, cheap and an awesome way to keep your creative space clutter free. I only made three because that was all I needed right now but you can make as many as you want.