Step 1: Get a Magnet
1. When you get home cut a piece of tape to put on the back of the magnet. Clean a spot on your drill press where you would like to keep your chuck key with alcohol.
2. Stick on the magnet to the drill press.
3. Stick the chuck key to the magnet.
4. Now the next time you need to use your drill press, you will alway know where your chuck key is.