Here's a Christmas gift I just finished for my little cousin. We pick names every year. We enjoyed making this set. This is a fleece poncho with marabou sewn on for trim, a matching purse and scrunchie. We could go on all night with the scrap material, but we have to go somewhere now. Oh, the whole thing, including the pattern, cost us $7.50. We got everything on sale at Hancock Fabrics.
I also made a nice cork board memo type set that I'm using for my own wall. It would make a wonderful gift. You can view that at my stamping blog: http://stricklystamping.blogspot.com/