button making kit
fabric you love
E-6000 glue (you can find this in craft section at Wal-mart)
or glue gun
If you have never made fabric covered buttons, it is very simple. I recommend going to Wal-mart and buying a button kit there. It should have everything you need. I have bought some at Hobby Lobby too, but I find the ones at Wal-mart to actually be better. However, I have yet only been able to find adjustable rings at Hobby Lobby. They are fairly inexpensive and often marked down 50%.
Here's how to do this project in 3 very simple steps:
Cut a circle out of your fabric
Follow button cover directions on package to make your button
Use your glue of choice and attach the adjustable ring
Wear that ring!
This would make a very simple handmade gift for a friend, sister, coworker, etc...