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Ribbon Belts

Photos: Martha Stewart Living

This year, everyone I know is cutting down on their holiday spending. With the economy in what seems to be a perpetual slum, it's no longer tempting to lavish loved ones with expensive gifts. However, that doesn't mean we've all lost the holiday spirit. This year I'm planning to make some of my gifts. While researching ideas for my own version of Santa's workshop, I bookmarked a few quick, simple and affordable crafts that our readers could make this year.

Here are some of our favorite ideas for presents that cost less than $20 to make.

Above: Ribbon belts and bracelets from Martha Stewart Living would make a lovely gift for a gal pal in velvet but could also be a present for male friends if crafted from a masculine grosgrain ribbon. Approximate cost: $1.50 per belt.

Felt glasses cases

Photo: From Kata Golda's Hand-Stitched Felt: 25 Whimsical Sewing Projects via
Design*Sponge

Design*Sponge has an adorable excerpt from Kata Golda's Hand-Stitched Felt: 25 Whimsical Sewing Projects posted--the cute as can be eyeglasses case make us want to buy the whole book full of ideas! Approximate cost: $5 for materials for three cases (more if you use wool felt)

Holiday candies

Photos: Sunset magazine

Everyone likes a sweet, especially one that's homemade. Sunset magazine offers several ideas for candy gifts, including Maple-Walnut Fudge and Almond Toffee. Approximate cost: $12 for 3 lbs. of fudge or toffee

Crafty candles

Photos: Country Living magazine

Country Living
offers up a bevvy of D.I.Y. gift ideas in a Crafty Christmas Presents slideshow. We like two candle crafts: A tea cup candle and these adorable cinnamon candles. Approximate cost: $6 to $10 per candle

Inchmark photo book

Photo: Inchmark

Brooke always has tons of affordable, crafty ideas on her blog Inchmark. We loved the simple, but sweet idea to turn cheap plastic photo books into personalized photo albums. Approximate cost: $3.50 per album.

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