This is the simplest method of home binding, and while it is limiting in format it is a fun and easy craft that requires very little in the way of supplies. If you have a six (6) page story in a vertical format this is a tiny little ashcan you can create with one page of printer paper. This is also a great craft for older kids, since you can fold the booklet and then create the contents when using a single page fold format.
This guide utilizes a standard letter size sheet, 8.5 x 11, but any standard printer paper size larger than that would work; mix it up with legal and tabloid sheets to get different book sizes.