Folding your towels in this manner saves you time from re-folding them to hang them over the towel bar. This is not my own brilliance but that of my Best Friend Gabrielle West.
Lay towel out flat. Fold in thirds length wise. Then fold in thirds again. Towel ends up a great size for storing on typical shelves but you only have to unfold it half way to hang over your towel bar. Pictures to follow!