One of my favorite craft books is Charlotte Lyons' Between Friends: Craft Projects to Share. This notebox sitting on my vanity is one of the projects from that book that I did recently. It's great to organize letters, papers, notes, etc and can also hang as a wall pocket.
One of the the things I like the most about her projects is that you don't need expensive supplies or equipment. This is made from an old box--it was either a brownie or cake mix carton. I cut it to shape, added a piece of wire to the back for hanging and then covered it with a couple layers of papier mache. After sanding and sealing I decoupaged it with pieces of scrapbook paper and images cut from old books & magazines. I also added a little button to the front for decoration.
Charlotte Lyons' other book, Mothers and Daughters at Home: 35 Projects to Make Together also has a lot of good projects