TikTok user Nick Starrett demonstrates a simple and straightforward way to magnetize a basic screwdriver: Just attach a magnet to the screwdriver's shaft, preferably near the tip.
This hack will come in handy the next time you lose a screw in an unreachable nook or cranny. Also, this technique works well with steel screwdrivers and most types of screws.
While almost any magnet can serve this purpose, a stronger magnet offers a better hold on screws. A Neodymium magnet, which sells for about $3 for a pack of 10, is a good choice.
It's worth noting that if you're working around steel parts, though, a strong magnet may inadvertently snap to nearby metal pieces, which could interfere with your work.