Mug rugs are a good choice. You can purchase nice mugs in thrift stores for $1 or less. Then make the mug rugs to go with the mugs. Depending on how extensive your stash is you can pick mugs to go with your stash.
Use Christmas cookie cutters to cut out the crazy quilt ornaments mentioned above. Use a muslin backing, sew odd shaped scraps onto it. Make a piece about 20" x 20" or size easy for you to handle. Then add backing and batting, quilt with the preprogramed stitches on your machine with contrasting threads and maetallics,top stitch rickrack, ribbon, lace on then trace and cut out. Use glue to add glitter along the edges or zigzag.