Decide what kind of buddy you'd like to make ( I made a bunny ) and draw it out onto your paper. Don't worry about legs just round the bottom off. Cut it out.
Take two pieces of fleece and stack them wrong sides together. Pin your pattern on top and cut around it. Now is the time to add a face to the top piece of fleece if you'd like.
Now take your ribbon pieces, fold them in half, and sandwich them between the fleece along the bottom of your buddy. You can add a longer piece of ribbon to the top so that it can be attached to a link. Pin everything together.
Take your buddy over to your sewing machine and top stitch around the edge.