Source: SimpleCrafter.com
6. Wrapped Initials
Many people have taken to decorating their nurseries with their child’s names or initials. You can create a simple, inexpensive but totally unique gift by purchasing a wooden letter and whatever colored yarn or thread you want from your local craft store. Then simply wrap your letter or letters for a great “side” gift or as a main gift if you’ve done the baby’s whole name!
Be sure to follow this tutorial at SimpleCrafter.com to get the classiest letters possible!