If you do any handwork at all, like the binding on a quilt, this little project is wonderful.  It is a thread keeper for all those little bits you clip off.  It makes a small triangular cup that you can drop those little bits into instead of getting them all over the floor.  It is so easy, I made four of them in an hour.  You take two equilateral triangles with 9 1/2 inch sides, sew right sides together, turn and topstitch.  Then you fold the points to get a sewing line and zip the edges together.  Fold down the points and secure with a button. 

Here is the link for the instructions with pictures. 

http://needlingthings.blogspot.com/2011/08/triangular-ort-thread-catcher.html

Easy, fun to make and can be embellished any way you want.  I used buttons on two of them, and on one I used ribbon roses.  I also made one bigger in Christmas colors with Christmas themed buttons.  These worked up so fast!  Great idea for scraps.

Anyone else have an insanely easy scrap project to share?

It does look insanely easy.  I am always making something.  I can't think of anything that easy right now but I will post if find anything!!