Losing the drill chuck key for your drill press?
How many times do you take the key out of the chuck and put it down only to have to go looking for it as you change bits? I used to keep the key in a metal box in a drawer beneath the drill press but it took just as much time to open the box place the key then open the drawer pick it up again and use it.
I found an inexpensive solution that works terrifically.
I took a rare earth magnet (sample pack obtained from Lee Valley Tools) and epoxied it on to the side of the drill press. Even if I am not looking I can pick up the key, use it and put it back since the magnet is strong enough to draw it in from 1/2" away. Since doing that I have not misplaced the key again.