To make this banner I printed the letters out in Copperplate Gothic Bold font size 500 in Gray 10% color so that I wouldn't waste too much ink. I used those letters as a stencil and cut them out of red and green cardstock. Then I sprayed them with adhesive spray and sprinkled on glitter:
One the glitter part was dry, I flipped the letters over and hot glued matching embroidery thread to the back (make sure to leave extra on the ends to hang it with) and I used a ruler to make sure the letters were spaced somewhat evenly.
That's it! I suggest having someone help you hang it. I had a bit of trouble with it and lost some glitter fumbling around trying to hang it myself. I so happy with it though! Its all sparkly and festive. :-)