If you've got a sweater or cardigan sitting unworn in your closet, you can have a cute little capelet instead with just minimal effort. I had a cute mint green cardigan which I never wore (despite my self-admitted mint green obsession) so I decided to cut off the top and make it a shoulder-grazing capelet. Here's a quick tutorial to do it yourself:
I also made a sweater guard from pearl beads and clips to keep it balanced over my shoulders because I like it better open rather than buttoned.
I can also wear it draped farther open because the guard is elastic:
Ta-da! A new DIY capelet from your old unused sweater!