cheap fast and fun

[boundwaybroad.livejournal.com]

so...i love doing crafts, but i have a few problems.

1. i am a college student with very little cash.
2. usually when i make things they are kitschy and useless, so they just sit around
3. i am busy and don't have a car so i rarely have time to go buy supplies

i guess what i am looking for are ideas for someone who likes to make things with her hands that are cost efficient, not just do-dads that will sit around my house, and can be made cheaply and mostly with things from around the house.

any ideas?