...or wallet, or pencil holder, or mouse pad!
The cool kids over at Martha Stewart have done it again, this time channeling the summer camp crafts of yore. You only need a few basic supplies (and one special one: a leather punch), and you can be on your way to leather tooling heaven. Check out how over on Martha Stewart.
Have you seen any other updated takes on "camp crafts"? There are loads of wooden bead necklace tutorials floating around these days. Any other ideas?