Mr. Fix It shows us how to magnetize a screwdriver in this YouTube video. There is nothing more frustrating than working on something and the screw keeps falling off the screwdriver! You don’t have to go and buy a brand new magnetized screwdriver to hold onto tiny screws. Just run your screwdriver over a magnet as shown in the video and you will have yourself a tool that doubles as a magnet, both to hold the screw in place, or to pick up any dropped screws that are hard to reach.