I had to get out something colorful to play with on this gray day. I made these tags the typical way, then used the cutoffs to glue onto other paper, then cut them out. By the time I got to the blue and yellow one, I realized that if I only glue down 3 sides, there will be a slot to insert a piece of paper with the recipient's name on it. You could write something more personal on the back of the slip, or reuse the tag for other gifts.
That's how I'm spending this cold, snowy day by a warm fire.