It starts with a pain 'ol pocket folder:
Next, you fold it in half at the pocket. The top (white) part will be the flaps.
Next, you grab a plate (or something big and round) to trace a half circle. I used a cake pan.
Fold the it back in half, and cut the rounded part off...
It should look like this when you open it up:
Next, you fold down the flaps. Our presenter recommended adding Velcro dots to keep the flaps down. I am not sure I will do this for my kids, but I can see why she would do that, especially if there were a lot of little pieces to contain.
Fold in half and... Ta-da! A nifty pocket wallet!! YAY!