Li'l pouch

I am knitting a small pouch for my friend's birthday gift (a few of us are giving her cash to help out with her upcoming schooling) and I just need to sew it up. I also want to embroider something on it, though I haven't embroidered since high school. She will be taking a chef training course, so maybe a chef hat? I also thought about "munny 4 skool" and "Fer lurnin'"

all stockinettey and rolly

how it will fold up.
I'm thinking of using a big bead for a clasp, just have to find the right one.