The present invention relates to a soft and durable carrying case for transporting one or more fishing rods (typically a 2 piece rod) and reels that affords protection as well as buoyancy if dropped in the water. The inner foam material is specially made, placed and secured into the nylon shell to aid in buoyancy and protecting the rods and reels from damage. The carrying case can also be used to transport other types if equipment that are a maximum of 43 inches in length. The present invention can be reconfigured into a seat cushion after taking out the rods and reels. Said seat cushion is designed in such a manner as to prevent pain to the tailbone. The dual usage capability of the present invention allows for the consumer to alleviate 2 problems (carrying a fishing rod and reel easily) and preventing pain to the tailbone when sitting down while fishing. Another feature of the present invention is a 3rd or 4th use whereby, the carrying case can be further reconfigured as a blanket or poncho. The case is made of nylon, polyester and foam construction or other suitable materials for cushioning and warming effect.