A nice way to spend the evening =) I came up with this idea myself after coveting (and sighing a lot) pretty fabric cuffs. I thought, hey! Thats just a sleeve. Without an arm. Idea born!
First, cut the sleeve off at the wrist. about 4-5 inches from the end will do! It should look like this:
Next, cut a piece of elastic that fits around your wrist. Leave a inch or two at the end to make sure it will overlap. Also, the piece of elastic should fit snugly around your wrist without stretching. The stretch is to make sure it can get over your hand, and the elastic is, of course, so your wristlet doesn't fall off your wrist.
Now, flip it inside out. Then sew your elastic on the middle of your wristlet. I picked the middle so it scrunches nicely and that is where I want it to rest on my wrist. When you sew on the elastic make sure to pull it. (Like in picture)
Then it's time for embellishments! I added cute pink lace to the ends to help with fraying.
I also added a button and some fabric. When adding fabric, start from the bottom up. So the first piece you put on will be covered a little bit by the next and so forth. (such as, you wouldn't put the button on first in this pic. you would put the fabric first then the button!)