Learn to Fold Clothing

I try to keep my clothing organized, and folded neatly. Shirts are easy, but what do you do with smaller items? Specifically socks, should they be folded or rolled? I always choose to fold them together. I know that by rolling them together you keep the pair in check, but folding them actually saves more time and doesn't ruin the elasticity of the socks. I've always been very paranoid about what happens to the elastic of that one sock that is doing all the work of keeping them together. So here's how I fold: