Add a couple rows of trim around a purse. An entire purse or clutch. A few rows at the top of a sock. A long, narrow scarf, sort of like a feather boa. Trim a pair of flip flops by wraping it around the straps.
The one good thing about it is it hides any mistakes you make.
It is pretty weird stuff. I have to confess I, too, have way too much of it in my stash.