Although I'd probably forgo the buttons. I'm too paranoid about choking hazards--especially because my little guy puts EVERYTHING into his mouth. >>Ravelry: Hooded Sleep Sack pattern by Jeannie Chin in More Quick Baby Knits"
Paper Bow Template for some super easy gift wrapper crafting, or you could use this same template on some ribbon and make bows to go on ornaments to give to your big or little! Make out of ribbon for a little girls bow.