Here is a FUN and extremely inexpensive project that anybody can do:
I purchased these wooden letters at Jo-Ann for 99 cents each (regular price-no coupon applied). They are approximately five inches tall by 2 inches wide so not big but not small either.
Next, I spray-painted them with leftover white paint that I had from another project. The finished look was boring so I decided to do a sponge up the paint while it was drying. That look right either so I just used the other side of the sponge (the scrubber part) and "sanded" them down for a rustic, weathered look. Some of the original wood started to show through but I actually like how they turned out. I even went so far as to hammer in a few of my own distress markings to further the aged affect. You can't even tell how the finished look turned out because the picture isn't that great.
To finish them off I chose a fun striped, gross-grain ribbon from my scrapbook supplies and attached it with thumb-tacks to the back of the letters. Seriously, this project only took me thirty minutes to complete from start to finish. It was well worth the $3 plus tax.
The letters are now hanging in Arielle's playroom. Originally when I thought of the project I wanted to spell the word PLAY but they were all out of A's so I had to think of another word and FUN was the first one that came to mind.