If you're going for a rustic theme event, why not use raw materials like burlap, paint and natural twine? Easy on the wallet and easy on the eyes. 

The items you will need >>> triangle cut out, faux burlap ribbon, scissors, acrylic paint (your choice of color), sewing needle, letter stencils and jute twine. 

Make a triangle stencil and use it to make the burlap cutout. 

After cutting the right amount of triangles, place the letter stencil on top of the triangle and paint the letter on using a dabbing motion. 

Place the twine through a wide eye needle and stitch it through each triangle like the picture below.