Perfect for the Chinese New Year, felt fortune cookies are easy to make. Martha Stewart has step-by-step instructions online, or if you don't feel like sewing them yourself, etsy sells a bunch of different varieties. These Fortune Cookies by Sew Cute Sweets are $12.50 for a dozen.
Looking for a Valentine's Day project? The Purl Bee has a set of simple instructions for making felt valentine pins.
Maxwell made these Felt Sliding Doors for his last apartment. Check out AT:NY for how-to instructions.
Design*Sponge and Martha Stewart both have super-simple instructions for making felt coasters with punched patterns.
Martha Stewart includes step-by-step instructions for making a felt kitchen mat on her site. If you need supplies, or you'd rather skip the DIY part and buy one premade, FilzFelt on etsy sells a 2 x 3 Wool Felt Floor Mat from FilzFelt for $50. Other projects and ideas: • How To: Create with Felt • DIY Inspriation: Felt Projects from FilzFelt • How To: Make Felt-Lined Trays • Felt Coasters at Rose and Radish • Felt Birds at Branch