Paracord is for emergencies, right? Survival and such. Well, out in the wilderness, you'd also want a compass with you, in case you need to know where you're going. Why not have both at once?

Step 1: Make a Paracord bracelet

There are many different patterns for creating a Paracord Bracelet, and it all depends on your preference. For some great examples, check out StormDrane's instructables.
Good idea.

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More by SamuraiSpirit: Double Sided Paracord Loop (Keychain Knot) Paracord Survival Dog Tag Necklace: Fire/Signal Altoid Survival Flashlight Kit
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