I got on a Christmas stocking-making kick last year. I had bought fabric the year before and just hadn't done anything with it.
-I just cut a pattern out of a cereal box (I do wish I'd made the heel of the stocking a little squigglier)
- cut 4 pieces of fabric for each stocking (I lined them)
-pin the ribbon for the stocking holder in between the right sides of the outside of the stocking
- sew two together for the outside (if you want to sew anything on it, do that before sewing it together)
-sew the lining pieces together (leaving a hole for turning in the lining, just like you're making a bag
-and then put them wrong sides together at the top, sew a seam, and then turned the whole thing
Then I just sewed the hole in the lining together.
Now you can decorate it with felt shapes or letters! I used the fusible interfacing to iron on to the felt, peeled off the back, and then ironed it to the stocking.