Paint the wooden circles with acrylic paint and let dry.

Drill holes in the circles the size to fit your twine or cord.

Cut the craft paper to fit the wooden circle. Use a craft knife to cut out letter shapes.

Using the Mod Podge, brush a layer on top of the painted circle. Place the craft paper on top and then brush another layer over that. Let dry.

Once the Mod Podge is dry, add the Dimensional Magic to the top. Be careful not to fill the hole. Allow the Dimensional Magic to dry until it's crystal clear.

Once dry, attach the keychain to your keys or backpack with a string, leather cord, or twine.