I saw this shaped card on Will Run For Stamps and loved the design. The post links to Stamp Owl, where you can still find the template for free. :)
I put the template into my Silhouette and created a cut file. I did a test cut with cheap paper, then cut the bra and panties out of a more expensive, red fuzzy paper. The base is cream paper. I used lace from my stash, tucking the edges under the red paper so they wouldn't show up top and made little bows as accents.
I didn't glue/tape the inside curve of the bra, so that I could stuff parts of my husband's present in them. Note, this requires making sure the sides of the bra are glued/taped VERY well or they'll pull off with the stress. It makes a great gift card holder for that someone special in your life. And while I used one, you don't need a cutting machine to make it!