Here is a little journal I made a few months ago. It uses envelopes as the pages, which make a handy place to put in little drawings, postcards, paint chips, clippings, and other things that inspire, to go along with your journaling. This one I happen to use for collecting info. on our never-ending list of remodeling and repair projects for our new home. And also I keep a fun list of 100 Things I'd like to do in My Life Time. The pockets are nice for adding little momentos when items are checked off the list.
20-30 of any size new envelopes
A sheet of nice thick paper - I used Rives BFK (my favorite paper in the whole world) Cardstock would also work.
scrapbook paper and vellum for the cover
twine and a little bead if you have one laying around
1. Punch 3 holes in each envelope. (click on the first pic. to see the details)
2. Cut your cover paper to wrap around the front and back of your book. (See the second picture.) If your envelopes are 4 x 6, then your cover paper should be 5 x 13, add on an inch to make sure it covers it nicely. Fold your cover paper in half and punch three holes along the folded side.
3. Decorate your cover as you'd like.
4. Tie your pages together with twine, add a little bead on the top tie. (that's the circle on the cover) Your binding should be loose to accommodate turning the pages and the bulk of what you'll add to the envelopes later.