A friend purchased one of these little purses or fabric envelops at the Crafty Planet for $5. Then she made a pattern for all of us in the sewing class to make our own. I have made several and love them!
I like this one with a coordinating fabric inside. It's like a little surprise when you open it.
I have found that regular cotton fabric works, but home decorating fabric works better since it is a bit stiffer. I also use a lightweight interfacing for these purses to give them more shape.
Here is another favorite and one that Maddie gave to her teacher this year.