I was going through old sweaters and was on the way to donate them to my local thrift store when I thought "Hey! I should cut those up and make a poncho!"
So, that's what I did and here is roughly how:
I did make some of these from my old sweaters, but since I was at the thrift store, I looked around and found a fantastic Abercrombie & Fitch sweater for $9.99. I don't want to hate on A&F too much, but one of my arms wouldn't fit in an A&F pant leg.
I needed to alter the whole thing "a bit" to fit me.
First, here's a picture of me wearing the old sweater with a frowny face. As you can see, the sweater is too short and the pocket hits my chest. Great for feeling yourself up, but not the look I'm going for.
I cut everything up at the seams and laid it out in a long rectangle. I left the buttons as is.
Next, I serged it all together. If you don't have a serger, you could use a zig zag stitch on a regular machine.
Then, I folded the whole thing in half lengthwise. Looking at the photo at left, I sewed a seam about 2/3 of the way from lower right corner over toward the fold. The open space is the part that pulls over your head.
This poncho is a rectange folded in half with a short seam. That's it.
Here's my happy after photo. I've made a few of these and they are so comfy and cozy, like wearing a blankie around. Enjoy!