I used Silhouette brand stencil material, it's a thicker product than normal vinyl but it has a sticky side so it won't move around on you. What's great about it is you can reuse it! Just save the little pieces for inner letters like the "o".
I had to change my cut settings from the standard preset.
Blade: 5 Speed: 2 Force: 33 and I told it to cut it two times (2 passes)
Load your cutting mat into the machine and always do a test cut when cutting a new material. This will save you money and frustration! (as you can see my first one didn't work)
Cut the words apart and weed out the letters
Because this is a thicker material you don't need to use transfer tape. Take a pencil and trace the words onto the wooden spoon.
Now trace the words with the wood burner tool and fill it in. (I recommend practicing on a scrap piece of wood first to get the hang of it)