I'm on my second month of knitting, and I keep asking myself why I hadn't tried this
years ago! So far I've finished a cell phone tote, a dishcloth (which helped me learn even tension), and yesterday I finished a tassled hat for my 2-year-old niece.
Here is where I got the free pattern:
http://maggiesrags.com/freetasslehat.htm
Oddly enough, I learned tassle-making for cross-stitched ornaments. I have a lot of leftover yarn so I may use the rest to make a little scarf to go with the hat.

I'm on day #2 on making a second hat in purples for my niece's sister.
~Debi~