Bonham-Carter made the faux capiz chandelier in the guest room using wax paper, string and a hanging flower basket. She had been itching to tackle this project after she and her husband relocated to Canada after a year of living in England. "You just need a flat surface to work on, some time and a hot glue gun," she says. "The three nights I spent working on it were totally worth it. It cost me a total of $2.50!"
3. Hold a crafting party or handmade-gift swap. One creative way to get much of your gift gathering done in one swoop is by hosting a crafting party or gift swap. To host a crafting party, gather a group of friends, decide on a project (or two or three), and meet up for a marathon making session. If you go in on supplies for the shared projects, you can save a great deal compared to buying what you would need to make only one or two individual projects, and you can share your skills. To hold a handmade-gift swap, have each participant make a big batch of handmade gifts of one kind, then bring them to the party and swap, so each person comes away with a variety of presents to give.