A packaging assembly for a drill bit. The packaging assembly includes a front clip including a front side, a rear side opposite the front side, a drill bit holding region configured to receive a portion of the drill bit, and a post extending from the drill bit holding region. The packaging assembly also includes a back clip that is separate from the front clip. The back clip includes an aperture that receives the post. The post includes an enlarged, melted head to inhibit removal of the back clip from the front clip.