12. Wool Coasters
Instead of wondering what to do with your old shrunken or stained wool sweaters, Good Housekeeping suggested transforming them into drink coasters. Wash the woolens in hot water, then dry them on high heat with hefty laundry items such as jeans.
After several wash-and-dry sessions, the wool transforms into felt. Trace the mouth of a wide mug onto the wool several times, cut out the discs and you have a new set of wool coasters. Thrift-store wool sweaters are ideal for this project. With a project this easy, kids might even enjoy creating their own coasters from old sweaters.
The total estimated cost for wool coasters is $0 as long as you have a washer, dryer and an old sweater.
