A safety cable for tools for preventing the tools from falling when the individual is on a ladder, scaffold or roof has a first end attachable to the individual, such as the individual's work belt, and a second distal end to which the tool is secured. The first end includes a releasably securable chain link that connects to a clothing article, such as the belt, and adjacent the distal end is a safety clip that attaches to an o-ring adjoined to the chain link when the tool is not in use thereby taking up the length of cable and preventing the cable and the tool from freely dangling from the individual. The safety clip is released from the first end of the cable when the tool is to be used so that the individual has the entire length of cable available for using, maneuvering and positioning the tool while still retaining the securement of the tool to the distal end of the cable.