Our family follows the Dave Ramsey financial plan, and we are working our oldest kids into it; the little one doesn't care yet, but loves money! Anyway, the girls have been using -- for a year -- envelopes that we write "Give", "Save", and "Spend" on to keep up with their money. The envelopes rip, get wet, and get lost, and we have replaced them often; they also weren't great for holding coins. Last week, though, I found a seller on Etsy who made three-pocket zip wallets for just this purpose. They were a little pricey, but I was able to dash off two of my own in about an hour.
They are really easy to make. You need:
-2 pieces each of exterior and lining fabric (mine were 9" x 4.5")
-1 zipper (mine was 7")
-ribbon or twill tape for the labels (I used ribbon and wrote with a Sharpie; it bled a little on the satin but was great on the grosgrain. Next time, I might try using printable iron-on transfers because I think they would look neater.)
First, measure where you want your tags; I folded the fabric in half longways, pinned on there, and then divided the remaining distance equally for the other two. Baste the tags into place. Then lay one lining fabric face-up, place the zipper face-down on it, and lay one exterior fabric face-down, then sew them together along the zipper. Iron both pieces of fabric out away from the zipper. Then do the same thing on the OTHER side of the zipper. When you iron the pieces out again, the two lining fabrics will be on one side (facing up); if you flip the whole thing over, the two exterior fabrics will be on one side facing up. Next, unzip the zipper about halfway (to help with turning later). Pin the two matching fabrics together, right sides in. Sew from the middle of the bottom of the lining, around one side, across the bottom of the exterior, down the other side, and back to about 2 inches from your start. Reach inside, unzip the zipper all the way, and turn the fabric. Then close your seam, put the lining back inside, and iron the whole thing. Finally, zip the zipper and mark where you want your dividers to be. (Each of mine was a hair over 2 inches wide.) Sew from the bottom up almost to the zipper, but don't sew the zipper shut!
Overall, I was really happy with how these turned out, especially since I was just using scrap fabric. If I was going to do it again, I would say to make the whole thing a bit longer; the pockets are a tad narrow, but little fingers can handle it. Also, if it gets too long, you need to worry about maybe folding or rolling the whole thing (and having a closure for it) so that it doesn't get too unwieldy.
My husband laughed (in the most good-natured way) when I told him what I was making the kids for their Valentine's Day gifts; I assured him that they would love these. And they DID...there was so much excitement over giving and saving money! Which, really, is what this whole thing is about.