I'm not sure if I originally saw this idea HERE or not, but we did this at Girl's Camp a few years ago. We bought a paper punch LIKE THIS ONE and punched CUTE PAPER to make our ornaments. We used a PAPER PUNCH to put holes for RIBBON and made these cute ornaments. When the YW would perform service at camp, they would write their service on one of the ornaments and hang it on our tree. They worked really hard to get our tree decorated!
We used a large punch and actually decorated a tree outside. If you have good weather, this works well! Our ribbons were the value colors!
This would also work really well at Christmas time to decorate a Christmas Tree!
*This could be adapted for a Value Project idea!!