Follow along with Julie Cefalu, The Crafty Quilter, as she makes this adorable mini-quilt.  You don't need much; scraps will do.
For the entire mini-quilt, you only need 1/4 yard of white fabric, 1/4 yard of red fabric, 1/4 yard of red print fabric and 1/8 yard of gray.  A fat quarter is enough for the backing and you are on your way.