Since Punxsutawney Phil predicted an early Spring, I thought you might enjoy a quick and easy project with rain boots. I bought this pair on clearance at Old Navy for about $10. They weren't very cute, but they were the right price. Along with the boots, I bought a roll of 2" grosgrain ribbon in a bright color and rummaged through my Goodwill pile for an old sweater.
I also needed scissors, FrayCheck, a ruler and an exacto knife. Once all that was assembled, I used a ruler to mark two inch marks around the top of the boots, and then cut following the marks with my exacto knife. I worked from the center of the front of each boot, measured an inch in either direction, drew my line, then measured one inch, drew a line, then two inches, then one inch until I'd worked my way to the back. I cut the ribbon (approximately two yards per boot) and sealed the ends to prevent fraying. I used Fraycheck, but you could use a lighter and singe the ends if you don't have any other sealant on hand. Then I threaded the ribbon through each boot, with the ribbon threaded behind each of the one inch sections, and tied a bow in the back.
The final step was cutting the arms off an old sweater to add a cuff. I didn't attach them, because I don't always want a cuff with the boots. I didn't sew the cuffs at all, and they've withstood me pulling them on and off with a minimal amount of unraveling.
Have fun embellishing your own boots!