Print the pdf template onto red card stock. Using the ruler and X-Acto knife, cut along the printed cut lines. Fold the top and bottom of the red sheet of card stock on the fold lines, and bend towards the front.
Cut 10 .25' x 7' inch strips out of the gold glitter card stock with a craft knife or scissors and ruler. Glue a gold strip on every other red band.
Cut a 10.5" x 10.5" square out of the gold glitter card stock draw the measurements. Now cut the bottom paper fringe of the lantern with a ruler and X-Acto knife.
Roll the gold glitter paper and glue edges together with a hot glue gun. Using a hot glue gun attach the top of the red card stock to the top of the gold cylinder.
Place a bit of hot glue to join the bottom edges of the red card stock. Slowly pull the red card stock upwards forming the balloon shape of the lantern and secure with hot glue. Punch two holes on the top using a paper punch and run light wire through the holes to make a handle. Hang the beautiful lantern and enjoy!