It seems that de-stashing is a popular goal at the beginning of the year. With minimal employment, it's also the most frugal way for me to go right now. Considering these goals, I've been working on the ubiquitous mitered-square afghan. It's working well for me, considering that I can't bear to throw out even some of the smallest yarn fragments left after a project. I like the idea of making something useful from them, even if some people find the idea tacky. I, for one, like at least paying lip service to the idea of being less wasteful. It's also fun to look at the squares and remember what you made from the originals. In fact, I can look at each square and tell you the content and original project for each yarn. I guess I'd be a little surprised if a knitter couldn't do that, though.
I have also been making some awesome mini-mittens. These, I feel, are the ultimate yarn-user-upper. Mere yards of yarn disappear into a cute little object of delight. Some people may find them fiddly and strange, but I think they will make fun christmas ornaments. With cats in the house, it's a good idea to have crash-proof decorations. It's also fun to put them on your fingers and go "eeee!" because they're cute. In my crazier moments, I plot how to knit them in the round. Maybe I'll make the thumbs out of i-cord next time, though... hmmm