These little keychains can be made with your scrap yarn and are just so cute.
MATERIALS NEEDED:

Worsted Weight Yarn in Any color - Approx 3 yds
Worsted Weight Yarn in White - Approx 6 yds
3.5mm hook
6mm safety eyes
Plastic canvas or cardboard
Hot glue gun
Stitch Markers
Scissors
Tapestry Needle