Start with a hand towel, a hot pad, and a button.
|These towels and hot pads came in a set with an oven mitt|
as well for only $6 at Wal-Mart.
Find the center of the hot pad and hand towel. Lay the hot pad on the hand towel so that the center lines meet up.
Sew the hot pad onto the hand towel.
Sew a button onto the side of the hot pad that does not have the loop. Put the loop on the hot pad around the button to hang onto the handle of your oven.