Here's a super-easy project I made a while back. I bought a photo cube from my local craft store for about $7. It has glass on the 4 sides with slots to insert the photos into. The top comes off so things can be stored inside as well.
Instead of painting it, I sprayed it with a few coats of glimmer mist that I had in with my scrapbook supplies. Then added the patterned paper to the sides. And I decorated it with some rub-ons, stickers, and chipboard.
Since my kids are so young and growing so fast, I like that I can easily add a new picture! And I guess our family picture needs to be updated as well, to include our daughter.
For the top, I printed out the words "enjoy every moment" using my computer, then added the clock rub-on.