Start with a bunch of beautiful photo Christmas cards.
Sort the cards by similar size and shape.
Use a handy corner rounding tool, scissors, glue stick and hole punch to clean up edges and trim necessary photos, etc. Then string them onto a silver keyring.
Presto! You have a beautiful book full of photos of your family and friends. Jack has already looked at this many times. I'm pretty sure it's because he's shocked at my ability to complete an actual craft.