Write the words "hare" and "hair" on the board as an example of a homophone. Illustrate each of the words so the students have a concrete idea the word's meaning. Discuss how the words have different meanings and different spellings, yet they sound the same. Write another example such as "meat/meet," but leave off the second spelling. Allow the students to identify the second spelling.
Brainstorm more examples of homophones. As the students call out homophone pairs, write them on the board. Continue brainstorming until the board contains 15 to 20 examples. The list could include pairs like ant/aunt, rose/rows, fir/fur, ball/bawl and write/right.
Fold the paper in half with the long sides together. Fold the paper in half again with the short sides together. Fold the paper in half again with the short sides together. Open the paper up completely. There should be eight folded spaces.
Turn the paper landscape again. Cut along the vertical fold from the top edge of the paper stopping at the center horizontal fold. Cut the remaining three vertical folds the same way. These cuts create four flaps at the top of the paper. Fold the four flaps down over the bottom half of the paper, forming a flip book.
Choose four homophone pairs from the board. Write the first spelling of the homophone at the bottom edge of the top flap and draw a picture of the correct meaning above the word. Lift the flap and write the second spelling of the homophone pair and draw a picture of the word. Do this for all four flaps.