First, you need to decide how large you are going to make your purse. I have gathered the materials and cut out the black wool for the exterior of the purse and the handle, fabric for the lining and pockets and the stabilizer. Size doesn't matter in this case, because the steps will remain the same no matter how large you make your purse. I'll add pictures as I go to help you along.
Here are the parts all cut out:
Pin the edges of the lining fabric and the stabilizer and stitch all the way around.
You will stitch the sides of the purse the same way you did the lining, except you won't leave an opening. So stitch down each side and the bottom, leaving the top open.
The next step is to stitch the handle and turn it. There is a great turning tool for this step.
The next step is to turn the purse right side out. You will feed the purse through the opening in the lining at the bottom.