So I came up with a cute and cheap solution!
Cost split up:
$7.74 for the wood pieces (I used a coupon)
$1.04 for the clothes pins
$0.00 for the pallett
Total cost: $8.78
I sanded the pallett, and painted all of the wood pieces. After that I hot glued them onto the pallet and then I was done! (I recommend wood glue instead of hot glue, but I was pressed for time!) Now I am wondering if I should keep it for myself or gift it like I planned (; kidding! But I'll probably have to make myself one.