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1. Glue the perforated paper to the card stock and then to the wrong side of the matching wrapping paper. Trace the star patterns onto tracing paper and cut out. Cut the stars as desired from the paper-covered card stock.
2. Sew buttons onto the perforated paper side of stars to cover, using matching thread.
3. Cut 24 inches of matching cord for the hanging loop. Tack the center of the cord to the back of the star at the top point. Knot the ends. Tack the tassel to the bottom of the star. If desired, glue another layer of the wrapping paper to the back of the star to cover the threads; trim to match the shape.