This is what I have been doing today, making Christmas gifts. I have made 30 of them. These are double sided cord holders. I bought a packet of 40 hair elastics in bright colours and used them on one end and the other has 2 buttons, one on each side. They measure 4" by 6 1/2" and I made a card to go with them so that they know what it is! It fits nicely in an envelope.