Easy to fashion from card stock and felt letters, this festive garland makes a memorable congratulatory banner for a recent graduate. You can hang it in front of a buffet table, from a mantle, or on a window.
Source: Martha Stewart Living Television
Cut 15 circles (each one 4 3/4 inches in diameter) from the card stock. (Martha uses five letter-size sheets, each in a different color, to yield 15 circles, which will spell out the word "Congratulations.") Stack the circles in fives. Using the 1/16-inch hole punch, make small holes at two positions on one of the stacks, one hole at 11 o'clock and the other at 1 o'clock. Repeat process for remaining stacks.
Affix each letter to the center of a circle. Using a craft needle, string the clear elastic through one circle at a time, tying a knot at the top of each circle to secure its position. Continue until all the letters are strung.