Abstract: The present invention discloses a hair fastening and ornamental device for use in securing strands of hair in place on an individuals head. The device comprises, in combination, a flexible, resilient anchor ring for encircling and holding strands of hair, wherein the anchor ring has snap on means and a pony tail holder with snap on means for removably mating with the snap on means of the anchor ring. The pony tail holder comprises a flexible, elongated, rectangular shaped configuration having securing means on opposite and opposing edges of the two longer sides thereof, for removably interconnecting said edges to from a circular configuration of said pony tail holder for holding in place strands of hair. The pony tail holder has an inside section and an outside section with snap on means located on the inside section thereof for being removably attached to the anchor ring. The outside section or wall of the pony tail holder contains one or more snap on units for removably receiving a decorative device.