Here is a cute little project sent in by Linda Lindsay. Easy fun and quick. Bet you could even get some done by Christmas if started by tonight!
Recommended - size 7 needles and worsted yarn
Cast on 5 stitches
Knit 6 rows
Next row – increase in 2nd stitch of each row until you have 23 stitches on the needle.
Next row – increase in each stitch until you have 46 stitches
Next row – knit 2, purl 2 for 40 rows – about 6 inches
Next row – knit 2 tog until you have 23 stitches on the needle
Next row – Decrease in 2nd stitch at beginning of every row until you have 5 stitches left
Knit 12 rows
Cast off, fold in half and sew the ribbed section together at the ends. Overlap one end of the 5 stitch (strap) end over the other, and sew. Decorate with a button or whatever takes your fancy!