Yes, making your own cloth napkins can indeed be a more cost-effective option compared to buying them from a store. The cost of fabric and thread can be significantly less than the price of pre-made napkins, especially if you are planning for a large event. Furthermore, you can choose your preferred fabric type, color, and pattern to fit your event's theme, enhancing the personal touch. However, it's important to take into consideration the time and effort required to make them, as well as the necessary sewing skills. If you're comfortable with sewing and have the time, then creating your own cloth napkins can be a budget-friendly and personalized option.