Fridge Magnets using Beads

I've noticed that I am lacking in fridge magnets and did not want to spend too much money. I made my own for 1 dollar. I just put some glue on the magnet and dipped it into the pot of beads. This can be an easy craft to do with adults or children.
What do you need?
-- Buy a pack of magnets from dollarama
(mine came with 7 in a package... I bought large round ones)
-- Glue gun with glue sticks (you can get one at the dollar store as well.
-- Old beads (or buy some at the dollar store)