Tassels have hit it big this season, though not as big as the chevron or pom-pom, I think they will grow in popularity even more in 2013. Like Pom poms making your own tassels is the key to a hot look this season. Making your own ensures no one else will have your look, color or texture. Tassels are very versatile which is why they are so hot right now. Their many uses includes necklaces, bracelets, earrings, curtain tie backs, trim, blanket fringe and pillow tassels just to name a few.
To make your tassel select your yarn and cut a piece 8-10'' long and lay it perpendicular to the direction you will be wrapping your yarn (see pictures for examples); this will be your tie. Begin wrapping your yarn around your tool and continue until you have half the thickness of the tassel you want (then wrap a little more just to be sure). Clip your yarn off the skein opposite of your tie and then knot your tie around all your wrapped yarn and knot if again. Slide the tassel off your tool and cut the yarn directly opposite of your tie. Pull on the tie and grab all the yarn about ¾'' to 1'' below the tie and begin wrapping your tassel with your yarn (or other if you choose). Wrap until you get the look you desire and knot of your yarn and clip a long tail. Thread a tapestry needle with your tail and feed the needle into your tassel and down to disguise your knot and tail. Trim your ends and use your tassel.