Okay.
Step #1.
First you'll need to cut your fabric and batting. I used Insul-Bright for better protection from heat, but you can use regular batting too.
You'll need to cut the following:
7-1/2" squares:
a square of fabric for the front (you can use a pieced square or a solid piece of cloth - whichever you prefer)
a square of contrasting fabric for the back
a square of Insul-Bright
6-3/4" squares:
a square of fabric for the front (you can use a pieced square or a solid piece of cloth - whichever you prefer)
a square of contrasting fabric for the back
a square of Insul-Bright
A rectangle that measures 5" x 2-1/2" for the loop.
.....
In my photo below, I used yellow fabric for the backing, and scrappy pieced blocks for the front. The white is the Insul-Bright.
PHOTO: 7-1/2" squares on the left, 6-3/4" squares on the right, 5" x 2-1/2" rectangle at the bottom.
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