I didn't sew anything for this shirt - just used iron on sequins and paint to replicate the look. I printed out the phrase and cut out a freezer paper stencil, then painted some of the letters. Then I ironed on the sequins to make the rest of the letters. I already owned the sequins and paint from other projects, so the cost of this look was just the shirt ($4). However, if I add the cost of the sequins and paint, this look would cost under $15. That is compared to the Boden shirt that is $24. I saved $9 - not bad!
Because I can never just make one item for the girls to share, I made another shirt with the phrase "Awesome" (another thing they love to say). If I ever get a picture of them in these I'll update this post. They saw the shirts when they were drying and were very excited to wear them!
Check out the other Knock-off ideas over at Elegance and Elephants and the Knock it Off Flickr page!