Versatile beach towel

A versatile beach towel comprising:

• a) a circular piece of absorbent fabric;
• b) a binding attached to a circumferential edge of said circular piece of absorbent fabric, said binding having a hollow and substantially fully enclosed passageway therethrough;
• c) a drawstring having a first end and a second end extending through said hollow passageway in said binding with said first and second ends extending out of said passageway permitting said drawstring to be pulled tight, said binding closing up and said circular piece of absorbent fabric turning into a pouch for holding objects therein;
• and
• d) means for storing said versatile beach towel in a folded up state comprising a bag fabricated out of a thin strong liquid resistant plastic material having an open end with a closeable seal and a permanently closed end, said closed end having a hook or loop fastener on the outside of said bag, and a mating hook or loop fastener affixed to said binding so that said bag is removably attached to said towel with the open end of said bag facing away from said towel, said bag being capable of being filled with weighted material for keeping said towel down during windy conditions.