We normally see whiteboard in the office, meeting rooms and classrooms. It is analogous to chalkboards allowing a person to write or make markings and erasing on the surface of the board. The use of whiteboard started to be popularly known in the mid-1990s. I find whiteboard better to use than a blackboard especially in class discussion because you can avoid dust particles from using chalk.
At home even without a meeting or a class to discuss, it is good to use whiteboard stand as a reminder. You can simply write your daily reminders there and you can immediately write a note on the board. With magnetic white board, you can use a magnetic clip to post some notes, flyers, tickets, receivables, bills, etc. that you wanted to be visible for reminders.
Image credit: http://www.standsandmounts.com