Lay T-shirt flat. Cut off sleeves. Cut off bottom hem. Cut 1"x2½" strips along bottom. Tie strips across the entire bottom together, as shown, to close bottom of shirt. Cut out neckline in the shape of a square to create handles. Cut out 1" wide strips to tie the handle bottoms. Add pony beads of choice. Tie a bow with a T-shirt strip to the top of the bag handles.