When I saw this idea in my issue of Family Fun, I was thrilled because it seemed like a great solution for the many hair bows and barrettes that could be found everywhere throughout the house. It is a long braid made of yarn that hangs on the wall and you can attach barrettes and clips on it. This has worked wonders with my daughter and she was positive that her cousin would like one for Christmas as well. I will post a picture in the morning, my camera ran out of batteries.
I purchased several cute barrettes and made some hair bows for my niece to give along with this gift. Altogether this gift cost less than $5.