Nice for favors for kid's parties, filled with candy or small gifts. You will need an exacto knife to cut the handle holes, or you can poke a hole with scissors and cut around them. You can use regular paper if you want it to be more like a bag, or use heavy paper for an open type box. The small gift box you can print out a pattern right on the box, or use full page stationery to wrap it in. You can use any full page stationery pattern for the bag and box.
Small patterns seem to work best.
It was suggested to me by a fellow webtver Nancy Mcnally, that you can resize the box. Another great idea from Nancy is the money envelope. Getting good scanning is hard to find. The money envelope is smaller than a banks and there is usually an oval hole on the ones at the bank. If you like the hole just trace an oval object, after you print a pattern on your envelope, and cut it out.