I love this little thing. I have been wanting to make one for months, but just got around to actually doing it. I followed the tutorial here. I made a three changes to the way I made my pin cushion ring. I used a hammer and nail to make the holes in the cap and then I enlarged them with the tip of old scissors. I used material instead of ribbon to cover the sides of the cap because I didn't have any pretty ribbon. I didn't glue the material I just sewed it to the top and bottom. And I used a hair elastic to make the ring part because I didn't have any thin elastic. The hair tie worked great.
I will be making a couple more of these. They are super cute.