For these ones, I collected 12 cardboard tubes and then used plain white copy paper (but you can use any paper that suits your Christmas table) for the base. I then used 6 paper serviettes (that I cut in half and already matched my Christmas colours) and a piece of plastic "lace" table cloth that I got from Crazy Clarkes for $2 (and am using for a number of "craft" projects!)
I also managed to buy the cracker pulls (the bit that goes bang) for $2 at an OverFlow and of course the ribbon was another $2 bargain from a $2 shop!
And then with the gifts added - its not cheaper, just more personalised!
Place the cardboard roll in the center of the paper length ways. Tape one side of the paper to the cardboard roll and then wrap the paper around.
Frugal-ness: 3/5 Just because it would be quite a lot cheaper to buy crackers rather than make them. Decent gifts cost $
Time cost: If you have all the bits there already - about 3 minutes a cracker - also depends on how elaborate you are making them!
Skill level: Pretty easy really - just cutting and taping!
Fun-ness: Heaps of fun - especially hand choosing the papers and gifts!