Here's what you'll need:
1 cup salt
2 cups all purpose flour
1 cup warm water
Here's what you do:
Mix the above ingredients above until you have a "doughy" consistency. Then, roll out like you would with sugar cookies, and use cookie cutters to create each ornament. Remember to take a straw, and poke a hole through the top of the soon-to-be oranment, so that you can lace a string or hook for hanging.
Then, you can let the ornaments air dry, which can take about 24 hours. Or, you can do what I did, and BAKE them at 250 F for about two hours until dry. However, the amount of time will depend on size and thickness.
Once cooled, you can take acrylic paints and decorate each ornament. The kids really enjoyed this process.
Once the paint was dry, I placed a little Christmas message (created via my cricut) on each ornament, then modge-podged the whole cookie, and while the modge podge was still moist, I sprinkled on some glitter.
You can also use varnish or polyurethane to coat the ornament so that it is less likely to break and has a little shine. But, I take the easy route and use what I have. In my house, I have plenty of modge-podge, and the stuff worked great!
You'll see above, that Frosty was not painted. So, you can skip the whole painting step and just have a plain, "no frosting" cookie if you'd like, too!
Have fun, and please share your creations!