I made these "You're The WRITE One For Me" tags years ago for my daughter's class Valentine exchange. Yes, I cut each and every heart out (with her help of course). I found some cute pencils at the Dollar Store and attached the tags with ribbon and beads I had on hand, just for decoration.
(Click on the link below to download your FREE Valentine Tags)
TIME SAVER TIP: An easier way to attach the heart tag to the pencil would be to punch a hole on either side of the tag and slip the pencil through. The tag would then be attached to the middle of the pencil. This might work better if you plan on using these as class Valentine's that need to fit in a shoebox "mailbox". Your child can write their name on the back of the tags.