The Circut isn't just for scrapbooking anymore! This machine can cut chipboard, magnets, plastic, vinyl and more.
You know those wall quotes that are insanely popular now? You can cut your own with a Cricut. All you need is vinyl and transfer tape. You can even use contact paper in place of the vinyl (but it won't be repositionable!). Vinyl can be purchase on Etsy or eBay. Search for Cricut + Vinyl.
With the deep blade housing you can cut acrylic block into custom stamps or cut magnet materials. You could design your own magnets for your Etsy shop or for your kids, scouts, or anything! You can't make very intricate stamps, but basic shapes will cut.
The Cricut will cut chipboard for word albums or even home decorations. Cut the chipboard and paper in the same shape and attach the paper to the chipboard for a decoration for a tree, wreath, or whatever.
The Cricut will also cut thin plastic to make stencils. Use the stencil for painting or for your kids' crafts.
You can also make a stencil out of contact paper or vinyl to use to etch or paint on glass. Same technique as cutting vinyl and using transfer paper, but weed out the positive image rather than the negative.
Using paper you can create custom banners and signs for home parties, scouts, church or school.
The Cricut isn't just for scrapbooking. It's a big investment, but it can pay for itself time and again by using it for more than just scrapbooking and paper crafts.