I actually bought two skirts. One in my size to wear, and one in a size 2 (not *ever* my size ha ha) to make a purse. I just measured down from the waistband 9 inches all around, stiched it up, right sides together,
then at the side zipper of the skirt I made a square patch for the inside so that now my purse has a pocket. 
Then off of the bottom hem edge of the skirt I cut pieces to make straps, hemmed them nicely and sewed them on the inside, ironed on a velcro closure and viola! A purse.
And, it matches my skirt perfectly! The best part is that the skirts were only $10 each, and I have fabric left over from making the purse, so I am going to use that fabric to make big yo-yos to sew onto the green
cardigan that I bought to go with the skirt. 
And, it matches my skirt perfectly! The best part is that the skirts were only $10 each, and I have fabric left over from making the purse, so I am going to use that fabric to make big yo-yos to sew onto the green