Stacey from Stacey’s Place shares a tutorial on Moda Bake Shop showing how to make a fabric wallet. The inside has small pockets for credit cards or IDs, as well as one larger pocket across the back for folded money. She made hers out of strips from a jelly roll of precut fabric, but you could also just raid your scrap stash and cut the pieces to size. Get the tutorial.
[photo from Stacey's Place on Moda Bake Shop]