For braid, cut 60 pieces of yarn each 1 yd. [1 m] long. Tie pieces together tightly in the center using a double strand of yarn. Fold in half at the tie. Divide yarn into 3 bunches of 40 strands each and braid. Fasten rubber band or ribbon tightly around end of braid to secure. Trim ends. Repeat for second braid.
Cut remaining yarn into 6 in. [15.5 cm] pieces for bangs. Attach pieces to ribbon with double-sided tape. Position bangs with yarn-covered side of ribbon against inside front of hat. With glue gun, glue bangs in place. Glue a braid inside hat on each side.