To make the ornament you will need a small piece of felt, a coordinating material, and a piece of ribbon to hang it by. Using a small bowl as a guide, trace a circle and cut out one each of your felt and material. My circles were about 5 inches across.
Place your two circles together, right sides out. Sew around the edge, keeping your material edge on the edge of your presser foot. Next, use pinking shears and trim the edge. Be careful not to get too close to your seam.
Fold your circle in half, with your patterned side in. Sew a seam down the middle of your circle. Start about half an inch in from your straight edge, sew about a 1 inch seam, and leave about an inch open on the curved edge. See the picture above.
Now you will take the two pointy sides and flip them in. I forgot to take a picture of this step with my red and green ornament, so I took one with the red & white version so I could show you what I mean. After you turn in both sides, you will have your finished fortune cookie. Cut a piece of ribbon about 7 1/2 inches long. Fold it in half and slide it into the top of your fortune cookie, between the two sides. Sew it in place, restitching on your previous seam. Your ornament is now ready to hang! Quick, easy & so cute!