A nice ocean colored purse to fit in all the necessary items without the clutter. It can even be a teeny tiny makeup pouch.

Step 1: Getting Started

Abbreviations:
Cast On(CO)
Knit(KN)
Purl(PU)

Required:
Three complimenting yarn colors(Any weight)
Size 5 needles
An old Brass button
Wool Needlehttp

Step 2: Knitting It

Pattern:
CO 21 stitches.
Row 1-KN2, PU2, KN3, PU2, KN3, PU2, KN3, PU2, KN2
Row 2-PU2, KN2, PU3, KN2, PU3, KN2, PU3, KN2, PU2
Repeat till you have a length of 10 inches.

Step 3: Finishing Off

Bind off knitwise and let the threads hang loose. Do not weave them in&they are to be used to stitch the sides together.
Decide which side of the pattern you want outside and the fold the outside over, thread the needle with the remaining wool and stitch the sides together(better do a double stitch because this is a purse) After finishing off both sides turn it over. Now do the same for the top.
Attach the button to the bottom center. Now take the threads and braid them. then, attach them to the top flap.
Voila!

Step 4: Fill It Up

If you would prefer a pouch with a little more stretch this is not the one for you. But it still manages to hold quite a lot of things. For more pics visit my blog

http://simplediy.wordpress.com/

Let me know how you like the purse!