I didn't take pictures of each step because I had a little two-year-old helper who was enjoying waving the gluey paintbrush around just a little too much. Instead, I'll just tell you - I cut out rectangles for the placemats, circles for the plates - although I guess they are more like chargers than plates. I also cut out circles as saucers for teacups and triangles as napkins. That's it. Glue the pieces on, wait for them to dry and then add another coat of glue on top to harden it all up. The back of my new bottle of Mod Podge says to let the project cure for four weeks, but that's not going to happen.
Total project cost: Free. I had everything in the house.
But even if you don't, it's still pretty darn cheap.
Lack table: $7
Bottle of Mod Podge: $5
Four sheets of scrapbook paper: $1