If you have an avid book reader on your list, use this to cross them off your list. I had most of this stuff on hand so I was able to make this for free! I listed a hair elastic in the materials needed, but I used a piece of elastic that I had on hand and sewed it into a circle. I realize not everyone has this, but I wanted to make this as cheap as possible for everyone.
Measure a length of ribbon using a book as a guide. I just grabbed the nearest book & used it. Place the ends of the ribbon near a lighter or burning candle to seal the edges. Place the hair elastic at one end of the ribbon & fold the end over. Either by hand-stitching or with a machine, sew the end down.
Sew the button onto the end without the hair elastic.