The yellow circle is simply a die cut circle and I cut slits in towards the middle of the circle all the way around to give it the tassel look. The mini sprinkles are stuck on with Stampin Up Crystal Effects. It works as well if not better than glue.
And here is the sketch for Mojo Monday No. 178
Card Recipe:
Cardstock: Whisper White, Daffodil Delight & Pacific Point (all Stampin Up papers)
Ink: Stampin Up Daffodil Delight & Pacific Point
Stamps: Stampin Up Occasional Greetings
Accessories: Ribbon, Mini Sprinkles and dimensions.