(Image credit: Apartment Therapy )

There's not much that beats felt in terms of simplicity. It's easy to work with (no hemming required, just trim the edges) and it's versatile. Whether you're looking for a small craft to celebrate Chinese New Year or Valentine's Day, or a larger project for your kitchen or living room, click below...

(Image credit: Apartment Therapy )

(Image credit: Apartment Therapy )

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.

(Image credit: Apartment Therapy )

Looking for a Valentine's Day project? The Purl Bee has a set of simple instructions for making felt valentine pins.

(Image credit: Apartment Therapy )

Maxwell made these Felt Sliding Doors for his last apartment. Check out AT:NY for how-to instructions.

(Image credit: Apartment Therapy )

Design*Sponge and Martha Stewart both have super-simple instructions for making felt coasters with punched patterns.

(Image credit: Apartment Therapy )

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