Knitted and Felted Rainbow Purse

Row 1: Knit
Row 2: Knit 1, increase by 1, knit 6, increase by 1, knit 1
Row 3: Knit
Row 4: Knit 1, increase by 1, knit 8, increase by 1, knit 1
Row 5: Knit
Rows: 6, 7, 8, 9: Knit
Row 10: Knit 1, increase by 1, knit 10, increase by 1, knit one
Rows 11, 12: Knit
Row 13: Knit 1, decrease by 1, Knit 8, decrease by 1, knit one
Rows 14, 15, 16, 17: Knit
Row 18: Knit 1, decrease by 1, knit 6, decrease by 1, knit 1
Row 19: Knit
Row 20: Knit 1, decrease by 1, knit 4, decrease by 1, knit 1

Bind off and sew in tails using embroidery needle.

To add fur trim to the purse top, use 3 strands of novelty fur yarn three feet in length. Combine the 3 strands and loosely sew in a circle around the perimeter of the top, about a half an inch from the edge of the top.