It depends on whether it's bio-based or chem-based. If it's the former, memorize. If the latter, write out the pertinent pathways and understand how one structure makes it was to the next. Generally in both aspects, you need to write down whatever you need to know (much as you would with O-chem) and try to gain an understanding of the pathways, e.g. why do certain enzymes get turned on and shut off in response to hypoglycemia? If you think about it on a larger scale (well, I'm having low blood sugar, I need sugar put into the blood, so I need to break down glycogen, turn off glycogen synthesis, turn on gluconeogenesis, et al) you should be all right.
My class used Lehninger's Principles of Biochemistry, which is an outstanding book. I have also found Mathews and van Holde's Biochemistry also very clear and concise.
Andrew