Believe it or not I've been using this bin for over thirty years, and it's still not worn out!
All you need is:
An empty ice-cream container
Strong scissors or craft knife
Wide masking tape
It stops the dust from falling on furniture or polished floors and doubles up as a place to put the wall-plugs and screws ready to put in the wall. In fact you can stick it anywhere that you need to have small items to hand when you're working.