Happy Bird's Crafting Haven has a lot of cute ideas for making ornaments and some very yummy-looking recipes, too. One idea talks about recycling cards and making little charms from them to use for other projects. Cut out the images you want and tie them onto thin ribbon, twine, yarn, or fibers. If you don't want to tie them, attach them with glue or brads you find in the memory making aisles at your craft store. You can also glue a series of the charms onto thick ribbon. Imagine these snowmen on a midnight-blue, wire-edged ribbon covered in sparkly snowflakes. It's a little snow scene to use as garland, collages, trim on a doll's dress, or anything else you can dream of.
You can also embellish the charms further with glitter, fabric scraps, paint, anything.