This purse is very easy and quick to make. I followed charts to decorate the body of the bag and the flap that covers the opening (see references below), but otherwise, its just two rectangles or squares, stitched together at the sides and bottom. If you ever don’t want to follow charts, you can always come up with designs of your own too. Draw a grid of squares or buy some graph paper and see what you can make. These are just knit/purl variations, no cables or holes. Have fun!
The top (the opening part of the purse) of each rectangle was done in knit 2 purl 2 ribbing so a ribbon could be threaded through them – over the purl rows and under the knit rows. This is what closes the purse. The ribbon is just anything you want, it can be i-cord, a strap made of chain, then single crochet, whatever would make you happy. Embroidery floss was used for the tassels. Then a flap was made by picking up stitches on the back rectangle, right below where the ribbing starts to make another flat rectangle. Garter stitch was done on the edges outside the design to prevent rolling.
You can use anything you want for the strap, i-cord, etc. This strap was knitted longways (not back and forth shortways like i-cord) so this made judging length difficult, which is why I ended up with a too long strap and had to tie some knots in it to shorten it. Be aware that the weight of your purse may pull the strap longer than you intended. A cloth sac was sewn and added to the inside (open at the top, no zipper on this one) to keep things from falling through the knitting.
Both the chart for the body and the one for the flap came from The New Knitting Stitch Library. Lesley Stanfield. Quarto Publishing, 1992. Body: Chart #38, page 35. Flap: Chart #58, page 41, with garter stitch added to edges to prevent rolling.