The purse part is made from fleece that I found in the remnant bin, and the applique is made from felt. My niece LOVES frogs, so I looked up pictures of tree frogs on google, and modeled my little felt frog from that.
I'm so happy with how it turned out, and I hope she loves it. This handmade Christmas is already off to a better start than the last.
Fleece remnant: $1.18
7 colors of felt: $1.75, I used only a tiny bit of each, so I'll say $0.50
Buttons: $2.25 for a pack of 50. I used 7 so $0.35
Total cost: $2.03, plus 2.5 hours it took me to finish it. :)