Did you make sock monkeys when you were little? My sisters and I did. Mine never turned out as good as the ones my mother made, but I remember having fun turning socks into a doll. (You may remember, I love dolls!!)
I used a Santa hat instead of their beanies and came up with this:
I used stamps from My Craft Spot, Unity Stamp Co, and Close to My Heart. The twine is Trendy Twine!