I found this pattern on Urbanthreads. They have a lot of awesome patterns for embroidery machines, and I bought this one during a half off sale, so it only cost me $1.50.
I hooped a piece of felt, and a piece of stabilizer, and used some shiny blue thread.
When it's finished sewing, rip off the excess stabilizer, and trim around the design, I left about 1/8" border.
For the bling, I used some old earrings that were missing their mates. I just stabbed it through the center, and put the backing on to keep it in place.
I also used glitter, just put some glue in spots, and add glitter, and shake it off, just like you did a million times as a kid.
Sew a piece of ribbon onto the back, so you can hang it, and that's it!
Simple and easy, very low cost, fairly quick, and makes a very nice decoration or gift.
Hope you like it!