These are very easy. Cast on 60 stitches. Knit for 3/4 inch. Work k2tog, yo around. Knit for another 4 inches or so. Use kitchener to close the bottom. Make a couple drawstrings and thread through from opposite ends.
This makes a small, useful, cute, drawstring bag. I call them dice bags, because I love to make these to hold chits and bit for boardgames, but currently I'm using these for:
Holding the glass pieces that I've painted with nail polish. Perfect!