Well, no need to fret, you can keep those sweaters around and put them to good use as stockings and elf costumes! This would be a good beginner project as well, for parents who want to teach their children how to sew. My family usually gets together around Christmas to do some kind of craft project and this is a terrifically easy and inexpensive project that can teach kids to be resourceful (just make sure they know not to go around cutting up anything in their closet!).
Once you are finished you can either use the rest of your sweater to make two more stalkings, two more elf hats, a stalking and an elf hat OR you can check out my new instructable on how to make a Christmas wreath with the remnants!
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Signing UpStep 1Select Sweater
strip of scrap material
little white tuft (optional)
Yarn (optional)
For stockings any sweater will do. Knit ones are nice, but if you want to decorate yours by gluing or doing any iron-on, you may want to consider some kind of Jersey sweater. If you want to add the little white tufts on the ends of your stockings you can find them at fabric stores or make your own with yarn.
For the elf hat you may want to find a sweater with a neck, making it fold nicely as a hat, but this is not necessary. You can always adjust your sewing to the material, which sweaters provide plenty of. You could also start at the bottom of the sweater for a wider finished edge if you don't have a sweater with a neck. I made the bigger fluff ball that is attached to the tip out of white yarn.
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I give you 5 of those astral thingies and a fave! :D