I found this picture on Better Homes and Gardens. They slid a small glass container inside a larger container - you can use cheap floral vases for this. I have seen containers similar to these at Hobby Lobby and Michael's. You might be able to find something at the Dollar Store!
Slide some of your favorite photos in between the two vases. You could use a little piece of scrapbook adhesive on the back of the photos to hold them in place.
Wouldn't this be cute on your craft table for your paint brushes, pens and pencils, or for your crafting tools?
This would make a great (and cheap!) gift, too!