My 2 big girls wanted to do a sewing project and this is the one they picked from the book, Sew & Stow by Betty Oppenheimer, that we had checked out from our local library. We didn't have any bandanas around that either of them wanted to give up and use, but we did have fabric--go figure :) So we made the Fabric Remnant Bundle version as it is called in the book. (see pgs. 91-92)
Here is a nice tutorial that is basically the same that is shown in the book.
The concept is really easy. Lay your bandanas wrong sides together at a diagonal--with eight points showing. Sew a circular casing around the bandanas. Thread your cording and cinch it up.
Cording: 2 pieces 36" long each
Fabric: 4 - 23" square pieces of cotton
2 Bandanas of your choice
One of the nice things about this little bag is that it is reversible--change your bag depending on your mood. However, using the fabric version it is a bit thick once you cinch it up tight (think 4 layers of fabric). I think that with using just bandanas it would cinch up more tightly and securely.
Either way you try it they are cute. The girls were happy with them, and the next 2 in line (Z. & B.) were quite jealous and wanted one too. We'll have to save that for another day.