Maybe you are, also.  And perhaps looking for something to do with your kids. Libby did this over the weekend with a friend, and they loved it. The idea came from the book Rosie O'Donnell's Crafty.U. Most of you probably have the three basic items in your home.  Yarn (yes!) glue (maybe) balloon (hopefully).
The older kids can actually do everything. Be forewarned though, it is a little messy. 

Inflate the balloon to the size of your liking. Place it on a bowl.  Cut strands of yarn. Oh, about 8-10 inches long.  (A worsted weight probably works best.  This yarn was variegated.)  Soak the yarn in a bowl of white glue. Place the yarn onto the balloon layering the pieces and leaving the bottom of the balloon bare.
And the hardest part?  Waiting for it to dry.  It actually took about 48 hours until it was hard enough to pop the balloon.  (Remember, we keep our home pretty cold.)
And, voila!  Something to hold Libby's headbands.  Just what we were looking for!  :)

Enjoy your day!