Most of my shop machines aren’t located near electrical outlets, so extension cords are a necessity. I used to keep the power cord draped over the top of the tool when not plugged in, but often it would fall to the floor. Sooner or later, I’d end up stepping on the plug and bending the prongs. No more. Now I clip one of those inexpensive (under $2) keyring carabiners to a convenient place on the tool, and I capture the plug inside it. The carabiner’s spring-loaded gate makes it easy to store or remove the power cord, and those delicate prongs are never underfoot.