I made this purse, wallet and optional flower for my contribution for a silent auction. The purse is the “Buttercup Bag” sewing pattern that you can get (free!) at the Made by Rae site. If you haven’t found Rae’s site yet, it’s amazing and you should go take a look around! The bag has a magnetic closure and a pocket inside and little pleats around the outside. I’d recommend either using a heavier weight fabric or some fusible fleece between the layers to give it a little weight.
For the wallet, I measured out two strips of fabric 5 1/2″ wide by 9 1/2″ long. Then on one side, I cut the last 2″ of the length into a triangle. Next I put right sides together and stitched all around the wallet, leaving an opening at the bottom and using a 1/4″ seam allowance.
Then snip the corners and turn it right side out and iron it flat.
Stich along the open edge to close it up. Then fold over the bottom to make a pocket and stitch down the sides.