Stash buster! You will need roughly 5 spools of embroidery floss or crochet string for this, an old plastic bracelet, beads and a drop of glue. String, beads and glue are always available at Michaels just make sure and grab your coupon first.
Start with a knot and wrap, wrap, wrap around the bracelet. When threading the bead center the bead, wrap string around the bead once, wrap around bracelet once. Center bead again and then wrap the string around the bead twice. Continue to wrap around bracelet till you are ready for your next bead. A dab of glue and you are done.
There are infinite color possibilities and I know none of us are missing for beads.