Perhaps it's the English major/editorial assistant in me, but I absolutely adore decorating with words. Cross-stitching a cute little motto? Heck yeah! Typographical art? Sign me up! Which means I definitely have my eye on those cardboard and wooden letters you can get at craft stores. They are just begging to be zhushed up for the season.
Spray-painting them gold would be an excellent and glittery choice, but you could also mod podge on some scrapbook paper for a lovely seasonal pattern. I kind of love the idea of using the pages of a book (A Christmas Carol, anyone?) to add another level to it. Paint on some candy cane stripes! Make them look like a wreath! The possibilities are endless. This one would be a little bit tougher, but I am totally obsessed with it:
Premade letters don't have to enter into the crafting. I absolutely adore this example of some very simple text (it might even just be posterboard?) in a non-traditional holiday color that would definitely brighten up your room for the holidays (pun intended!).
If you're really hardcore, you could attempt the light-up DIY marquee letters that are all the rage these days. Basically, any time you take some letters, make them pretty, and spell out a word, I'm ready to embrace it. Hang it on your wall, set them on your mantel or a windowsill, just share the beautiful wordy love.
Not sure which word you would use? Try some of these: Merry, Joy, Xmas, Noel, Ho Ho Ho, Santa, Jingle, Holly, Snow.