It was pretty easy to make with the help of a store bought hat to use as a template, scrap book paper, yarn, card stock and glue.
I cut out red paper for the base and trimmed it with 2 strips of blue checked (or you could use any pattern) paper and cut it to create a fringe. because the blue paper was going around a circle, it buckled a bit. Not terribly but you could see it close up. So to remedy that, I put the red on top to cover up any unfinished edges.
To create the pom pom on top I looped the yarn back and forth and secured it with a longer piece of yarn. I actually made two of these and tied them together to get a fuller pom pom. My intention was to cut the strings but my niece said it was cute to leave them as loops. I pushed the longer strings down through the top of the hat and taped them down from the inside.
I used a anchor clip art as my guide to draw out the anchor embellishment and simply glued it to the the front. Lastly I punched a hole under the fringe and tied to pieces of yarn to keep it secure during pictures. I am going to leave the elastic that comes with these hats on next time. Fingers crossed this stays!