Potholders are a good way to practice stitches and they make great gifts. Here's a nice seed and garter stitch potholder to make. You need to know only two stitches for this project - the GARTER STITCH and the SEED STITCH. Photo below is my potholder in progress. The white thread down the middle is my stitch marker.
Step 1 Cast on the number of stitches you want for your potholder.
Step 2 Knit to half way across the row.
Step 3 Place a stitch marker on the needle.
Step 4 Knit in Seed Stitch until the end of the row.
Step 5 Turn the work around.
Step 6 Continue knitting this pattern until the potholder is half as long as you want.
Step 7 Reverse the stitches.
Knitting Garter Stitch over the Seed Stitch half, and the Seed Stitch over the Garter Stitch half.