Technically speaking, this post would have been better if I had taken pictures along the way, but sometimes I get so excited about what I'm attempting that I have no time for things such as photographs. In order to explain what I mean, I used a paper. I know it makes it less believable, but you'll just have to trust me on this.
If you've ever cleaned out the house of someone who lived during the era when people actually had company over for dinner because they weren't afraid of being robbed blind the next day by the dinner guests who were scoping out the house, a time when dinner was a family affair and not just a way of joining together to make sure no one had died during the day, a time when one needed a linen closet or cabinet because linens were actually used, you probably have come across some small square tablecloths. Many of them are edged in lace or embroidered or a combination of the two.
I happened to inherit two such pieces from a coworker. Without the sentimental attachment I would have had if it had belonged to my grandmother, for example, I felt at liberty to cut them up, especially since both were stained. Imagine the orange square of paper is one of the tablecloths.
Sew in a casing, thread through the elastic that is the size of your waist, stitch it together, and close off your seam. You're done. Of course there are a couple of variations I can mention.
This skirt, however, had lace on the edges and also in the middle. Instead of cutting a circle, I cut along the edges of the lace and then top stitched it over the rectangle. After, I went back in and trimmed the excess fabric away so that the edge between the skirt and tablecloth mimics the pattern of the table cloth.