So this is pretty simple and makes it easy for you to change however you would like. 

first decide on your font and saying for the key chain. You will want to weld the word together so the acrylic cuts it as one piece. 

Next, make an outline using the button on the toolbar. Pick the size that you feel is best, I would just generally avoid any spacing between the words as you just want it as on structurally sounds piece. Also add a circle where the ring will go. You will want to select the circle and the outline and hit subtract. 

Pick your wood and favorite color acrylic. 

Reminder that the M1 doesn't cut clear, white, pink or blue. I went with a green from CMS. 

On one side of the wood you will need to add 3M to the back. This will allow it to adhere to the acrylic. You can use other adhesive, but I feel this works best and is the easiest

Pick what wood you like. I went with walnut, that one is my favorite. 

Now cut the outline of the wood. Making sure the 3 md is on the side on the honeycomb.

Now cut the acrylic. 

My acrylic had to have 6 passes

Take off all the papers keeping the products protected, put the wood onto the piece of acrylic and add the keyring.

There you go! Make this your own! 

I did decide to not use the lightning bolt and I thickened up the font.