Here is the breakdown of my materials:
Cork Boards (Target) $7 each
Fabric (Ikea) $6 for 1 yard
Thumb tacks (Home Depot) 4 boxes at $1.59 each
3M Adhesive Spray (Home Depot) ~$9
To be fair, I should warn that this project was tedious. But I did it while hubbs watched some miserable movie about Ryan Reynolds being buried alive, so it was a welcome distraction! I'm a fish out of water at Home Depot, so I couldn't find the nailhead trim used by Emily and by the end of the project my thumbs were killing me! But you don't have to make 2 boards... one would be enough... and then your thumbs wouldn't be falling off I don't think.
Onto the good stuff! Start by ironing whatever fabric you decide to use so there aren't creases on your boards.
The faster you can put your fabric to use after ironing, the better... otherwise you might end up with a nosy little helper who thinks its a new kitty bed plopping down on it and getting it all crinkled again.
I cut my fabric in half, but depending on the size of the fabric you use... just cut it to fit your board(s) and a little extra to wrap around the edges. Then spray the cork part of your board with a light coating of adhesive and center and smooth your fabric over the surface.
Push a thumb tack in each corner to secure your fabric. Then comes the fun part. Not. Grab some sort of ruler and start pushing in one thumb tack every inch. And then repeat. And repeat. And repeat. Until you have tacks all around the wooden edge of your cork board.
This task is marginally more fun if you have a furry friend who watches your every move, lays on your fabric to hold it still, and then occasionally runs off with a thumb tack in her mouth :)