Requirements:

1. Colored square paper
   
2. Scissors

Steps:

1. Take the sheet of paper and fold it in away making a crease in the middle as shown in figure.
   
2. Fold the paper by following the pattern as shown in figure 2-7 and your paper will look like fig. 8.
   
3. Now take point A shown in fig 8 and place over point B and your figure will look as shown in fig 9.
   
4. Rotate the figure 90 degree right. Place the edge marked as A in fig 10 over Edge marked as B. 
5. Place the edge marked as A in fig 11 over Edge marked as B.
6. Turn over your figure upside down and place the edge marked as A in fig 13 over Edge marked as B
7. Now cut the figure along the marked with "X" as shown in figure 15.
   
8. Your figure will appear like fig. 16. Then open and unfold the paper.
   
9. Now make a crease over the edges of stars and the paper star is ready.