A sleeping bag system has the appearance of a stuffed character when not in use as a sleeping bag and includes a torso including a torso compartment therein, a first limb having a first arm compartment therein which is in connection with the torso compartment, a second limb having a second arm compartment therein which is in connection with the torso compartment, at least a third limb having at least a first leg compartment therein which is in connection with the torso compartment. The sleeping bag system further includes an opening in the torso providing access to the torso compartment from outside of the sleeping bag system and an item removably storable in the torso compartment which is adapted to provide stability to the sleeping bag system such that the sleeping bag system can sit upright without support when not in use as a sleeping bag.