DIY Nordstrom Bracelet (the green one is the DIY, the others from Nordstrom). Everything from Michaels. If you can braid, you can do this.
Tutorial from Stephanie & Such here.
EDIT: This website is now private and the tutorial is no longer available (hate that so much), but I found a similar tutorial by The Pink Ruffle here. Top Photo: Not a DIY anymore from Stephanie & Such, Bottom Photo: DIY from The Pink Ruffle.