Abstract: An insulating holder for beverage containers is provided that can be manufactured inexpensively. The holder includes a main panel formed from a rectangular sheet of a flexible material and a handle formed from a rectangular sheet of a flexible material. A length of the rectangular sheet of the handle is longer than a width of the rectangular sheet of the main panel. A first binding with a length equal to a length of the rectangular sheet of the main panel and a second binding with a length equal to a length of the rectangular sheet of the main panel are attached along the long edges of the main panel. The handle is formed by attaching the top edge of the handle to the top edge of the main panel and the bottom edge of the handle to the bottom edge of the main panel.