Did you know you can crochet an i-cord? Planet June can show you how in her video and then you can make bracelets for all your friends! It's a good way to use up those small scraps.
Using a K hook (an L hook works too) and chunky yarn I did between 14-17 repetitions of the i-cord and finished off. Sew on a cute button to match your friends' personality. The stitches with chunky yarn are loose enough for the button to go through so the size is adjustable. Now give them away.