Try the trend! 5 easy (and cheap) ways to rock tassels and pompoms this summer

Tassels and pompoms are the must-have fashion accessory for summer — and the great news is, you can make them yourself!

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Tassels and pompoms are the must-have fashion accessory for summer. Sandals, beach totes, necklaces and more are getting a punch of color with these fun add-ons. And the great news is, you can make them yourself! (We promise, it's easier than it sounds.)

With inexpensive materials from the craft store, like embroidery thread and yarn, you can customize your color palette and adorn items you already own to make them feel fresh for the new season. In a few simple steps, we turned basic sandals, bags and swimsuit cover-ups into festive, on-trend summer staples.

For the more advanced DIYer, create an oversized leather key chain that looks straight from the store. Check out the steps and supplies below!

Beach bag with fringe tassels

Jenni Radosevich / TODAY

What you need:

  • Embroidery floss
  • Beach bag (I found this style at Target)

What to do:

1. Start making the tassels by taking the wrapper off of one color of embroidery floss and folding it in half.

Jenni Radosevich

2. Tie a piece of string around the middle and double knot.

Jenni Radosevich / TODAY

3. Tie a second piece of sting around the top section and double knot again (approximately 1/4 inch from the fold).

Jenni Radosevich / TODAY

4. Cut a straight line at the bottom edge to create the fringe.

Jenni Radosevich / TODAY

5. Then, go crazy! Make as many (or as few) tassels as you'd like in the colors of your choosing and tie onto your bag wherever you wish.

Jenni Radosevich / TODAY

And hit the street in style!

Jenni Radosevich / TODAY

Pompom sandals

Jenni Radosevich / TODAY

What you need:

  • Hollow bead pompoms
  • Regular pompoms
  • Wood beads
  • Glue gun
  • Lace-up sandals (I found this style Target)

What to do:

1. Unlace the sandals, then string on the hollow pompoms and beads as you re-lace them.

Jenni Radosevich / TODAY

2. Add more pompoms by hot gluing them to the beads.

Jenni Radosevich / TODAY

Then, you're on your way!

Jenni Radosevich / TODAY

Pompom swim cover-up

Jenni Radosevich / TODAY

What you need:

  • Pom-pom trim
  • Fabric glue
  • Cover up (I found this style at Marshalls)

What to do:

1. Working a few inches at a time, add fabric glue to the edge of your cover-up and place the pompom trim on top of it. Continue gluing the trim to the edge of your cover-up.

Jenni Radosevich / TODAY

3. Let it dry completely.

And you're ready to hit the pool or beach!

Jenni Radosevich / TODAY

Leather tassel key chain

Jenni Radosevich / TODAY

What you need:

Jenni Radosevich / TODAY

What to do:

1. Depending on the size you want your tassel, cut your leather into a rectangle (the piece above is 8 inches by 3 1/2 inches).

2. Using chalk on the non-leather side, mark a line an inch from the top.

Jenni Radosevich / TODAY

3. Next, draw vertical lines 1/4 inch apart.

4. Cut each vertical line.

Jenni Radosevich / TODAY

5. On the leather side, glue thin ribbon pieces to both the top of your tassel as well as an inch down (right where the fringe starts).

Jenni Radosevich / TODAY

6. Loop 3 inches of rope though the key chain hardware and hot glue the ends to the non-leather side of the rectangle.

Jenni Radosevich / TODAY

7. Next, roll the leather starting at the rope, adding more glue along the way.

Jenni Radosevich / TODAY

8. Once it's completed rolled together, let it dry.

Jenni Radosevich / TODAY

Clip onto your bag or keys and you're ready to hit the road!

Jenni Radosevich / TODAY