These are the blankets that I made for some of my nieces and nephews for Christmas this past year.
Sorry for the sketchy color quick pick with the phone.
These blankets were quick, inexpensive, and fairly easy to make once you know how. Also (and best of all) they are/can be NO SEW!
For each blanket I used 1.5 yards of two coordinating fabrics (one for the front and one for the back), scraps of coordinating fabric for the name applique, a computer, printer with paper, marker, and a yard total of paper backed, iron-on, adhesive (like this Heat'n Bond).
First of all lay out the fabric and decided how large I wanted the names to be taking account a few inches of the blanket edges that were going to be cut and tied. Then I went to my computer, opened up MS Word, picked out a font, typed up the names, and printed them out (most names were on two or three separate page).
Then I placed the printed letters face down and then placed the adhesive on top paper side up and traced the letters.
Repeat for all of your names and letters...
After that separate the letters by loosely cutting them apart (doesn't have to be perfect) then place the adhesive (adhesive side down) on the back (wrong side) of the fabric and iron on according to the adhesives instructions. Like this...
You should end up with something like this..
Now carefully peel the paper off the back of the letters and pin in place where you want them on the fabric. Like such