Materials needed: ironing board and iron, cross-grain binding strips (sorry, this won't work with bias binding), and three LONG pins, such as corsage pins. If you have joined your binding strips on the bias to reduce bulk, be sure to trim off your dog ears left behind at the seams before continuing.
I've had these corsage pins since high school--I'm glad I could find them. Apparently I got them for 40% off. =)
Now here's another tip I recently learned. I used to just leave my binding in a pile next to me and sew it on. It was constantly getting tangled around itself and I'd have to pause and straighten it out. Rolling it this way will keep it neat and organized, and it will also unroll evenly without even twisting! It is also a convenient way to store your binding if you aren't going to use it right away.
First, hold the end of your binding in the crook of your thumb and forefinger, as shown, leaving a small tail.
I hope these were helpful ideas! They sure make binding easier for me.