I felt a little crafty and found this great tutorial to make draw string bags. The Yarn Harlot was listing knitty Christmas presents and had accessory bags listed. When I saw the cute bags on Etsy, I really like them. But I'm also cheap frugal and refuse to pay $30 for a bag I can make.
I dug through the fabric stash and found this cute Mary Engelbriet fabric. Less than an hour later I had two bags made. Great tutorial and easy to follow. Now my knitting isn't tangled in my bag.