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A basic fabric store should carry all the required items. Many fabric stores will offer left over scraps of fabric at discount prices. You will need a swatch that measures at least 20 inches (50.8 cm) by 3 inches (7.6 cm). Soft, pliable elastic will work better than thick, rigid elastic. You want the strap to have some give to it.
Begin by collecting all of the necessary items that are needed to complete your clip. Consider what fabric you would like to use to make the strap. Locate a roll of 1-inch wide elastic. Look for a roll of non-sticky Velcro or a package of small pieces of non-stick Velcro that can be cut to fit your strap. Pick up a suspender clip with a loop measuring 1-inch wide. Shop for a decorative embroidered patch that is not much larger than ½ inch by ½ inch.