A button anchor apparatus has an elongated elastic thread having an elongated needle portion formed on one end thereof and an elongated ferrule formed on the other end of said elongated elastic thread and having a bore formed in one end thereof. The ferrule bore is adapted to accept the needle for locking the button to the garment. A method of attaching a button with a button anchor apparatus is also provided including the steps of pushing the needle through the garment, threading the elastic thread through the button and back through the garment, then attaching the end of the needle into the open end of the ferrule by stretching the elastic thread to allow the elongated needle to be aligned with and inserted into the ferrule bore.