First, cut two tiny flowers out of felt. (Use a paper template to make it easier.)
Second, sew the button onto the middle of one of the flowers, and stitch the two felt pieces together (button side up).
Third, sew the elastic onto the back of the flower. (For the ring, or fine hair, use a tiny elastic. But for thicker hair, you can use a bigger elastic. I have a big one for myself! :-)
That's it... easy as 1, 2, 3!
These are so easy, you could make a bunch for Christmas gifts or for party favors (for a birthday, a shower, or a destination wedding)