I made this awesome rug with some scrap yarn, rope/twine, and an old t-shirt! I really love how it turned out. I originally tried to follow the tutorial from Free People, here, but after many failed attempts to cut a perfect circle from cardboard that was big enough I gave up. I stumbled across this tutorial from Flax & Twine, a blog which features a lot of finger knitting projects. I kind of put the two tutorials together to create this!
I used the hula hoop and old t-shirt as the base for the rug. Instead of using finger knitted yarn, I used rope and other types of yarn and ribbon as featured by Free People.