Ever heard of a Yo-yo balloon before? As one would suspect by the name, it's a balloon that you play with like a yo-yo. I often see them at small fairs and parties. It's a great outdoor activity for the summer and keeps the kids entertained. Yo-yo balloons are easy and inexpensive to make. They're perfect for entertaining a large crowd and make nice favors as well.
You can also purchase pre-made yo-yo balloons. The only difference is the balloons are striped and you have pre-cut rubber bands with finger loops. That's really the only thing that separates making vs. buying. Simple directions below.
large thick rubber bands
balloon pump - optional
Cut a large rubber band to make a string. It should measure about 10- 12 inches. Tie a loop on one end for it to fit a child's finger (refer to picture).
Fill the water balloon with water until it's roughly the size of a golf ball. Now fill with air until the balloon is the size of an orange. Tie shut.