Here's another solution to that common knitter's dilemma, "What can I possibly do with this last two yards of yarn?"  Braid it, young knitter!  You can sew the braid onto another knitted project as trim, or you can repurpose it into a necklace or bracelet [instructions here].  Do you know how to make friendship bracelets?  Use some of those knots on your scrap yarn, and see what happens [via Craft]

Everyone winds up with those little scraps--one yard here, three yards there--and you may think there's nothing you can do with them.  Guess again, knitters!  Try playing with different fibers and textures and make a pincushion [pattern here].  This would be a much-appreciated gift for the knitters and sewers in your life  [via Craft].