I can't believe it took me this long to think of this, actually. I've mentioned that I frequently have to hem up skirts I get at the thrift store. Because everyone else is too tall and not because I am kind of short. Anyway, I got this adorable skirt over the weekend that was perfect except for being about a foot too long. The solution to what I could do with the extra fabric just popped into my head.
The bottom hem leaves on side already finished. All I have to do is press and sew a small hem on the cut edge.
I am entirely too satisfied with myself.