Make a knot on one end of your strip like this.
Fold the fabric in half widthwise and twist as you go, and wrap the fabric around the knot.
Add hot glue every so often to keep the shape of rosette.
Try not to be too perfect, so it looks less like a spiral and more like a rose/rosette.
When you're done, hot glue the back of the rosette to a piece of felt.
Then cut around it with scissors.
Now cut a circle of felt the same size as the other one and a scrap piece of ribbon (about 2-3" long).
Fold your ribbon in half (you can add a small dab of glue to the ends to keep them together).
Then hot glue the ends of the ribbon to the back of the rosette.
Add hot glue to the other felt circle and sandwich the two together.
Add a key ring and you are done!
Pretty and simple. Since they're so easy, make a bunch of different colored ones!
Ready for gift giving!
I link up here!