I've been painting these wooden boxes I acquired at Michael's to use as personalized gift boxes. All you need is masking tape, toll paint, and a paint brush.
Painting things is a great way to spruce things up. I recently found this table (for free -someone was throwing it away!) and I painted the top turquoise and sanded the legs for a distressed look. I've also painted some other things, which I will get around to sharing soon.