A few clutches later... (see zippers can't be that bad if I made more than one)
While there is a tutorial online to create a similar clutch, I went ahead and purchased the pattern because it came with directions to add card holders and a divider inside, as well as the wrist strap and rounded bottom corners.
Already I am daydreaming about different versions - perhaps using one print fabric for the whole thing or maybe two solid colors for a more elegant look... I also think the tutorial version would make a great pencil pouch to take with me back to school in a few weeks. I also can see some future birthday or Christmas present possibilities with this one...
So far this clutch makes the perfect purse to carry everything I need for a quick outing around town - and the bright colors make me happy while I do it. :)