For better (or worse!), I store most of my twist drill bits and other drilling odds and ends in a small tool bag. Up until recently, I also kept my driver bits in the same bag. Naturally, they’d end up at the bottom of the bag and always hard to find. Then, a simple magnetic strip provided the solution I needed. I just fastened it to the wall next to where I store my drill/drivers. Now, my driver bits are always visible and ready for use. The magnet provides more than enough holding power. It’s also a great way to store those other things you need to find now and again, like paint scrapers, short straightedges, chuck keys, paint can openers and so forth.
– Chris Marshall