I finally bought The Cinch by We R Memory Keepers. This is a binding machine useful for all those projects needing binding (calendars, notebooks, memory books, etc) I compared prices to make sure I got the best deal since it is a little pricey ($109.99). I ended up buying it at Hobby Lobby using my 40% off coupon. It was the best deal by far since I did would not have to pay for shipping. Please note that Joanns carries it online but not at my local store, and Michael’s does not carry them at all. I had checked amazon but it still came up to a few dollars more plus I had to wait 3 days to get it! So i bought it from Hobby Lobby (it was the last one! yey me!)
I will post more information as I make more projects with it. It is very easy to use, and it has the main instructions printed on the machine. I learned how to use it from videos on YouTube. I have to work out some alignment kinks when using different size paper, as soon as I figure those out I will post. In the meantime here is a video from the manufacturer to give you an idea of how it works:
More information about The Cinch HERE