Instructables
Picture of Easy Make Bags for Gifts or Craft Fairs
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This is an easy inexpensive way to make really cool looking bags for gifts, craft fairs, or craft projects...

The only thing you will need is a sewing machine, some old magazines, and some thread. 

Rip out a page in an old magazine. (the more colorful the better) fold it in half or pair with another page for a larger bag. Sew along the edge of the bag leaving one side open..and bam! You have a bag!