Hand made ornaments are some of my favorite.
I wanted to kind of change up the colors on our tree this year, but I didn't want to buy a bunch of new ornaments so homemade felt ones were easy and super cheap.
I cut out the ornaments and all the little pieces to go on them. Then using felt glue I glued the pieces on the ornaments. I then hand-stitched about three quarters around the outside, stuffed them and closed them up. I didn't have any cute ribbon on hand to sew in to hang them so I just used the embroidery thread. Lazy, I know, but who is really looking at what is hanging an ornament?
Really easy and can be finished in one sitting.