While on the hunt for a gift idea that a group of elementary school kids could make, but that wasn't too expensive, I ran across an idea for a dry erase plate from House of Smiths.
I found the square plate at Wal Mart for $3.50. I used my Silhouette machine to cut out two different pieces of vinyl and I bought a dry erase marker. I always have Velcro® brand products on hand, because lets be honest, they are a staple in crafting.
I attached the dry erase marker to the back with Velcro® brand sticky back and used a plate stand from The Dollar Store to rest the plate on.