I've kept going back and forth about what to do for a bow tie....buy one or make one? With my sewing machine piled deep behind other stuff I was leaning towards purchasing but then I had something specific in mind plus I knew it was easy and I could do it. Well, my inward battle ended in making it myself and I'm so glad I did! It's not perfect by any means but I love it. I see many bow ties in the future. Plus the $0.75 price tag on Valentine sale fabric I bought was nice.
I bought 1/8 yard of cotton fabric and used a little more than half of it. Some tutorials recommend interfacing but I don't think it needs it. Keep it simple: fabric + Velcro = masterpiece. The tutorial I followed from What Does She Do All Day? (Thanks, Heather) made a slightly larger size bow but I cut mine shorter for a 3 inch finish. Fit the little Mister I made for better.