I've seen these skirts in so many retail stores and they didn't look all that difficult to make so I thought I'd give it a try...and I was right it was easy!
What you'll need:
Two inch elastic: For the width you'll want to measure your waste and then add 1 inch. Fabric stores will usually sell this by the yard and with a coupon you shouldn't have to pay much more than $.75 for the amount of elastic you'll need.
Fabric: The fabric I used was thin and "flowy" and almost sheer. This tutorial would work with most any fabric though. I measured the length from my waist to my knee-cap and added an inch. For the width I wrapped the fabric around my waste and doubled that amount.
Step 1: Fold the fabric in half and then cut it so that you have two identical pieces (your front and your back).
Step 2: Hem the bottom of both pieces (1/2 inch) and the top of both pieces (1/2 inch). Then sew the two pieces together by sewing up the sides (front to front). Now you should have a large rectangle.
Step 3: Sew your elastic together so that you make a circle (be sure to backstitch and double stitch in order to make sure it stays forever)
This is my elastic piece before sewing the ends together
This is my elastic band after sewing the ends together
When you're done sewing and flip the skirt right side out, the fabric will be sewn behind the elastic band. The picture below is a picture of what the inside of the skirt would look like.
Below is the finished product. Cute right?
And you're done! Wear it proudly and enjoy :)