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You can make a wonderful (and quite large) magnetic bulletin board from a steel drip-pan from the Auto Parts store ($19). Just spray the bare metal with a spray adhesive then cover with fabric that matches your decor OR, cover with 2 layers of black landscape cloth, like I did. For a smaller version, use a steel cookie sheet from the dollar store!
You'll need a drill bit for metal so you can drill 2 holes in it (and run a wire between them on the back side) so you can hang it on the wall.
Source: I saw something like this on TV. But they attached magnets to the lids of spice jars, to organize spices in the kitchen.
By Cyinda from near Seattle