If you are like most knitters I know you have a drawer full of odd bits of yarn. You hate to throw them away, yet you are unsure what to make with them. I have the perfect quick knit for you.
I found a free pattern on Ravelry for a Magic Holding Bag (here). There is nothing really magical about this pattern, just a few basic knitting techniques and a bit of yarn. I loved the solid sides, it prevents little items from falling out. The drawstring is a simple I-cord.
While the possibilities are endless, I plan to place a set of marbles in my bag and include it in my Operation Christmas Child Shoebox in the fall.
When I knit this pattern again (and I do plan to) I will make the base a little smaller. I think ribbon may be a little sturdier as a drawstring, but it will depend on what you plan to use this bag for.