You'll want to make many of these scrap busting keychains.
2 Split rings approximately 1" diameter
1. Cut or tear strips of fabric that are 1/2"-3/4" in diameter by 10". You'll will need about 15 of them.
2. Send each of the strips through one of the key rings. Fold them in half.
3. Once you have the strips arranged, send a needle and thread through them to secure. Wrap a small strip around the tassel just under the ring. Stitch to secure.
4. Trim any stray strips.