I had mentioned in another post that I might have a craft crush on little wooden spools. They are just so cute and versatile!
I used Mod Podge to glue a circle of paper to the bottom.
Then I filled the hole with seed beads, dropped some E6000 on top, and glued a button, cabochons, or paper flower on top. I then inserted a memo pin (Tim Holtz line).
Finally, I used Mod Podge to adhere a strip of paper to the spool.