I took a simple suggestion from Paul Sellers to make an oiler can by winding up a strip of cloth and putting it in a little can. I made three small ones using some caps from spraypaint cans. I squirted in several soakings of 3-in-1 oil and have found it to be very easy to wipe down any tool, right before putting it away. I made three so I could keep one in easy reach of the three places in my shop that I have hand tools. Having one always at hand makes it easy to develop the habit of giving a tool a quick wipe before putting it away. This has noticeably cut down on the rust that forms on my tools here in the humid, salty coast of Florida.
reference: Paul Seller’s blog post on the oil rag can