These two were super simple and I was able to do them while watching a Christmas movie after work one night. Allow me to demonstrate my process with the following equation:
Object with a smooth top + Pretty Scrapbook Paper + Mod Podge = Christmas Ornaments and Christmas Coasters
It doesn't get much easier than that! Okay, so a little more detail...
For the coasters, all you need are bathroom tiles -- I got mine for 16 cents at Home Depot,-- scrapbook paper, and mod podge. I also added some cork to the back of mine so they would look more finished and not scratch one another, but that is totally optional. To make them, simply cut your paper slightly smaller than your tile, add mod podge to the back of paper and smooth onto the tile. I took a pencil -- or any other smooth object near by -- and ran it from top to bottom to get all the air bubbles out. After they dried for 20ish minutes, I added a layer of mod podge over the top to 'seal' them. Then, after they've completely dried you can cut cork board to the proper size and add to the back. And you're done -- rest your favorite drink on them and enjoy!
The ornaments followed the same process except that I used wooden letters from Hobby Lobby and painted them a subtle champagne color before adding the scrapbook paper. Once they were dry, I traced the letter onto my paper, cut it out and did the same process with the mod podge. I also signed the back so I'd remember who they were for and when they were made, added some ribbon to pretty them up, and hung them on the tree!