Using a can, be it a coffee can or cookie tin, as long as you can poke a hole on the lid, this can be done.
using glue or mod podge to glue a piece of either wrapping paper or scrapbook paper or even fabric. then if you have some alphabet stickers, stick them onto the tin/can.
simply cut open a hole on the lid. stuff grocery plastic bags in it, place it in the bathroom for those little trash cans!