He melted down his broken crayons to make a large, multicolored crayons accompanied by a small tablet of paper. We also made bubble bath of different colors. Not only did he have fun making gifts and giving them out, his friends and cousins loved them! Even better? They didn't cost much!
This year we decided to do craft kits. He loves crafting as do most kids, so we thought of a fun and very inexpensive DIY kit for kids.
We purchased popsicle sticks for $2.29 for a package of 150 at a toy store and glue for $0.19/bottle during the back to school sales. We used drawers left over from a project I did and a small gift back (reused from last year).
We added a decorative button to the ribbon for an extra touch. Look around your house and see what you have to decorate these with and for containers (ex. paint soup cans).