I've had these two little frames (2x3?) in my home decor box forevah. So, I pulled them out with this project in mind. But since I only had two, I needed to figure out what to do with it. I was looking around my 'crap'room and noticed this glossy white 's' (because I am a little obsessed with my initial) across the room and I knew that this was what I wanted to use. I had the ribbon on hand from an after Christmas clearance sale at Wally's (the only thing that store is good for). The letters and background were cut from felt that I bought from the DI (thrift store) in a huge bag with 100 lots of other colors for $2-score!! I cut the letters out using a stencil. I flipped the stencil backward and traced it with a pencil then cut it out and since I wrote on the backside you don't see my trace marks. I sandwiched the two layers of felt behind the glass and stapled the ribbon to the back of the frames and 'S' and tied the red to the 'S' to even out the colors a bit.
As for the rest of the decor. The vase is actually a Valentine's Day vase that I got from Deseret Book at-yup, an after valentine's day clearance sale. I just turned it around so you can't see the "Be mine". the 'fireworks' in the vase are shiny pipe cleaners from my kids' craft box. The 4x4 flag was made at a Super Saturday way back in 2009-ish. The 4x4 pillars were made last year for my boutique selling obsession business. The fabric I bought last summer in the fabric remnant section at Wally's (again, another clearance item). The 'N' I got in May at Ross for only $3. I still want to spice it up by spraying it white, or lt blue, or even silver. But, I think it works fine in black. It balances out the Welcome sign (which I got back in 2009-ish from a friend that had her own vinyl business).
So, because I already had so much on hand the total cost is just a few pennies over $3 since I hardly used any felt and the 'N' is a very recent purchase. I hope this inspires you to 'summer-up' your home.