My latest project is actually a second of something I made awhile back. They're very simple clutch purses.
2 fat quarters ($1.00 a piece at Walmart)
Fusible interfacing (Ranges depending on what type you get)
A button or clasp
Any additional decor you'd like to add
You first just measure the fat quarter to the size of clutch you want to make. A full fat quarter would make an over-sized clutch. I cut out two rectangles. I cut the interfacing to the same size and shape. Ironed a piece of interfacing onto each fat quarter. Then I sewed the fabric right sides facing each other. I left a small opening. Turned the piece out. Ironed it flat, sewed the opening close.
On one of the clutches I sewed ric-rac into the seam of the top of the clutch so that it just hardly sticks out.
One clutch I used a button and the button function on my sewing machine. On the other I used a small clutch. And sewed a bead on the outside.
Here's the first:
And the second: