Preheat your oven to 325°F and print your template.
Trace your design by placing the shrink film over the template and taping it down so it does not move, then trace with a permanent marker.
Add color using colored pencils on the rough side or markers on either side to decorate your design.
Cut out your shape carefully since you will not be able to cut the plastic after baking.
Punch a hole near the top if you plan to make a keychain or ornament.
Place your designs on a parchment-lined cookie sheet.
Bake at 325°F for 1–3 minutes and watch as the plastic shrinks, curls, and then flattens.
Let your shrinky dinks cool completely after removing them from the oven.
Add accessories like a keychain, magnet, or tassel to finish your project.
Optional: add a thin coat of Mod Podge or clear sealant for extra protection.