Here's what you'll need
cardstock in white and blue
Punch out some snowflakes.
Cut a circle from white card stock. Cut out center. Glue a piece of ribbon for hanging.
Glue blue snowflakes to the circle. Add sequins.
Glue white snowflakes and add more sequins.
Repeat by gluing snowflakes and sequins to the back so it looks nice on both sides.
With the left over card stock and snowflakes I made some easy gift tags