Cut a template for the circle on the cardboard square using either a die cutter or scissors. Tape it down on the tote with painter’s tape, making sure it’s centered.
Spread Fabric Mod Podge onto the tote within the circle template.
Sprinkle glitter onto the wet Mod Podge and then remove the template. Let dry.
While the glitter is drying, back the fabric quarter with Heat and Bond.
Cut a design out of the fabric using an electronic die cutter or scissors.
Adhere the design onto the glitter circle using a hot glue gun - then go over lightly with an iron (so the bond attaches to the glitter).
Add embellishments using a hot glue gun and tweezers (if necessary). Let the bag cool/completely dry before using.
Notes
Tip: you can use parchment paper between the iron and design if you are worrying about melting the Mod Podge or glitter.