Loom Knit BagThere are many options for making things from a knit hat loom besides a hat. I found this fairly simple pattern to make a "purse" which could be used for a swimming bag (has holes for the wet swimming suit to dry) or for whatever purpose you might want to use it for.
Tennis Racket WeavingHere is a way to turn old tennis rackets into art displays.
Hula Hoop HatWeave a hat using an extra small Hula Hoop and t-shirts. It's a fun way to recycle t-shirts.
Circle Weaving With Zen Tangle BorderCircle weaving is so much fun and a great craft for you and your kids to do! I am going to use mine as a wall hanging, but if you use wool yarn you could use it as a trivet (acrylic will melt).