From Savvy Patterns:
The Savvy Patterns Reversible Beanie is 1 hat that can be worn 4 ways! It is fast and easy to construct, and uses a small amount of fabric. The Reversible Beanie pattern can be made in 7 sizes for the whole family from newborn to adult!
The Reversible Beanie can be styled 4 ways, as a slouchy beanie on either side, or pulled tight with a fold-up brim on either side.
Use knit fabrics to make everyone a reversible beanie. This pattern has been fully tested and is ready for you to whip up a reversible beanie…or two! They are very fast to make, and use only a little bit of fabric. A great stash busting project!