If you want professional-looking envelopes with no fuss, you will want to purchase this $19.95 Envelope Punch Board (item 133744). There are printed starting measurements for your papers, as well as a 2-in-1 punch (shown at the top middle of the board). Here's a video that shows you exactly how it works:
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Congratulations to Judy Q. in New York for winning my August Mystery Hostess freebies! Please email me with your $65 FREE list (and one half-off item) at email@example.com.