Abstract: The Invention is a blanket that may be converted into a tote bag for transporting the blanket and other objects within the tote bag. A pouch portion has a periphery that is attached to the blanket, defining a pouch. The pouch has a first and a second position. In the first position, the pouch and the blanket are generally flat and the tote bag handle is concealed within the pouch. In the second position, the pouch is reversed to form the tote bag with the inside surfaces of the pouch forming the outside surfaces of the tote bag.