With this clever change purse, your child will be able to keep all his cafeteria cash up his sleeve until he needs it.
To create the sleeve portion of the holder, cut off the foot of the sock across the heel, as shown, and discard it. Then hem the cut edge of the sock tube by turning it under and gluing it in place.
Apply more glue inside the hem and sandwich the wrist of the wooden hand between the front and back of the tube. Firmly press the layers together, making sure the sock is sealed all the way across.
Cut 2 pieces of magnetic strip to fit across the inside of the sock's open end. Remove the backing and, making sure the strips are aligned, stick them to the fabric. These will function as a clasp to keep the money inside.
For the finishing touch, glue the pennies to the palm of the wooden hand.