I wasn't sure where to put this, so I'm cross-posting it in three places.
This is the first tutorial I've ever done. It's for sock stick horse - really easy, really fast, really cute and *really* inexpensive. It would make a fun Christmas present. My four 1/2 year old plays with hers all the time, and my 2 year old loves hers.
I bought a pack of 10 pairs of cotton socks for $6, a sheet of 4 buttons for 50 cents, two $1 dowels and used 1/2 a bag of $3 batting for two horses. I used fabric and ribbon scraps I had. So each horse cost me $3.10. You could do it even cheaper if you used all items that you had on hand already.
These are so adorable that I had to make a couple tonight, which I did. Thank you so much for this awesome tutorial! My older son loves to play on these when there are out and to find out that I could make them for practically free was amazing. I had almost all the materials. Total cost per horse was around $2.5 (One is not completely finished as I still need a dowel and a little more ribbon.