This shimmering ornament craft adds inexpensive glitz to your holiday tree.

Transform old magazines into glittered tabletop trees with this easy -- and kid-friendly -- step-by-step process.

Coffee filters become a light and airy holiday wreath with this how-to. For a smaller wreath, substitute cupcake liners for coffee filters.

Adorn your tree or holiday presents with festive gift tags featuring personal photos.

These festive felt stockings are a simple-to-sew craft, perfect for decorating your home or giving as a gift to family and friends.

Spice up your Christmas tree with these distinctive Santa ornaments made from chile peppers.

Show your love by giving sparkly gifts in a lovely jewelry gift pouch.

Decorate with candy ornaments for a Christmas tree that looks good enough to eat.

Set a holiday scene of felted sheep and a cinnamon-stick fence for a fragrant holiday touch.

Create a warm, woodsy holiday display of richly textured candles using natural birch branches.

Turn your Christmas fir into a sweet-smelling tree with dried-fruit ornaments.

Repurposed candy packaging adds an attractive, sparkly touch to regular holiday tinsel.

This beautiful Advent calendar brings holiday sparkle to any refrigerator.

Create a charming "Charlie Brown" tree with bits of holiday greenery.

Create these magical decorations for your holiday tree or to give as a gift.

Use loop-shaped craft punches to make handmade photo-ornament frames to hang from your tree.

Use cardboard to build a winter wonderland with this step-by-step process.

Top your tree this year with a beautiful glittered-ball pick -- an easy handmade embellishment.

Make affordable snowflake hurricane wraps using little more than wax paper and repurposed grocery bags.

Velvet stockings with a faux-bois pattern can be used as gift packaging as well as decorations.

These adorable miniature stockings and dreidels made of crepe paper and filled with personalized m&ms make perfect party favors.

Ribbon becomes a beautiful tabletop decoration for the holidays with this simple how-to.

Wooden animal cutouts can be purchased for about $1 each. Dress them up with glitter for a sparkling addition to your Christmas tree.

Make this is beautiful -- and eco-friendly -- winter-inspired ornament for next to nothing by reusing plastic six-pack holders.

Ornaments with photos of your friends and family are a wonderfully personal way to decorate your Christmas tree. Try making these picture-frame ornaments for between $1 and $5 each.

This faux tart ornament looks good enough to eat and can be made for under $5.

This glittered acorn box is a charming and clever way to package holiday gifts -- and it makes a lovely tree ornament. Make three for only $10.

Create decorative holiday landscapes out of beautiful scrapbook paper for approximately $20. (The frame is the largest expense of this innovative project -- try local flea markets or dollar stores for even less-costly framing options.)

You can make one-of-a-kind stockings for your loved ones for between $10 and $25 with this charming handmade holiday craft.

Add a festive -- and eco-friendly -- touch to your home this holiday season for under $10. These magnificent trees can also be stacked using any leftover aluminum foil, felt, or crepe paper.

Turning a plain candy cane into a cute reindeer is a simple Good Thing to get you and your family in the holiday spirit. So cute and so economical -- you can make multiple candy-cane reindeer for less than $10.

Spice up run-of-the-mill Christmas lights by turning them into shooting stars for only $15.

These elegant etched glasses will add the perfect festive touch to any table. And, better yet, a set of them makes a perfect holiday gift -- you can make multiple glasses for less than $15.

This recipe for frozen vodka, adapted from Martha Stewart's "Entertaining," is a beautiful holiday-party centerpiece with a purpose. And depending on the garnishes you choose, it costs between $2 and $10 (not including the vodka, of course).

Make several of these wonderful candles -- a fun project that will leave your home beautifully lit and smelling wonderful -- for approximately $20.

Give a unique and stylish bracelet decorated with wool yarn -- find low-cost bangles at local dollar stores or street vendors and create a whole wrist-full of bracelets for just a few dollars a piece.

Why break the bank for a designer bag when you can easily make your own? These fashionable totes are constructed with two main items: a roll of duct tape and a stapler. Find low-priced vinyl at your local crafts, hardware, or dollar store.

For a charming hostess gift, try making a festive holiday arrangement using a simple Ball jar from around the house, silk taffeta, and cut flowers of your choice for between $12 and $20.

Turn old or stained linens into a batch of lovely lavender sachets for just $5 to $10.

Next time you give a bottle of wine as a gift, dress it up with these lovely felt-tree bottle covers, which can be made for only $4 to $15.

These simple and lovely gift-wrapped coasters are perfect for the holiday table -- and for dinner guests to take home as a party favor. Make multiple coasters for less than $15.

These adorable mittens are sure to make an extra-special holiday gift. And, since they are made from an old sweater, there is really no cost at all!

These earrings cost only $10 to make, and will make an excellent homemade Christmas present for that teenager on your list.

These easy-to-make business-card cases are great Christmas presents that will cost you only $15 to create.

With eyelet embellishment and a gift-wrapped pocket, this apron makes the perfect handmade holiday gift for anyone who loves to cook. Make one for between $8 and $15.

If you're still searching for that perfect gift wrap, look no further than your local newsstand. Although wrapping in newspaper has always been a practical gift-wrapping alternative, the type on a foreign-language newspaper, such as Japanese, makes for an absolutely beautiful presentation, and will cost you less than $10.

Add a personal touch to any present with gift bags embellished with one-of-a-kind medallions. Make multiple gift bags for approximately $20.

Gift cards are a great present that can make gift giving much easier, especially for those hard-to-buy-for people on your list. Instead of just putting the gift in a greeting card, add a special touch by making these unique gift-card holders yourself for around $15.

This project uses red and white rickrack -- easy to find at notions and department stores -- to create a candy-cane-patterned card. Make a whole set of cards for approximately $15.

Spread holiday cheer with this one-of-a-kind reindeer card, a whole set of which will cost you less than $10 to make.

Package gift cards or small gifts in this charming container for around $10.

Give a personal touch to your holiday cards for pennies by using photocopies or print outs of vintage stamps.