I got this cute and easy idea here... I started with finding a good font to use as a stencil. Then I printed them and cut them out. After I placed them on the cardboard and you can either trace them or glue them on (I glued them on). After use a box cutter and carefully cut out your letters, then pick some cute scrap book paper.
Next glue the letter on the scrap book paper, and trace about a half inch around it.
I added some buttons and ribbon for accents. I think it turned out great...
I was also able to hang them with push pins so no big holes in the wall. Which makes my hubby very happy :)