"팔자 매듭" is a traditional Korean knot that symbolizes good fortune and prosperity. It is often used in various crafts, including jewelry and home decor. The name "팔자" translates to "eight characters," referring to the eight elements of a person's destiny in Korean culture. This knot is created by intertwining cords in a specific pattern, resulting in a visually appealing design. "팔자 매듭" is not only decorative but also serves as a meaningful gift during celebrations, such as weddings and birthdays, to wish the recipient happiness and success in life.