For me, this is a perfect activity to do with your students at the end of the year. Not only will it keep your students busy, but it also turns out to be so cute containing all of their precious memories from this school year. The students always come up with touching things to say about you, which is a bonus.
Paper saving tip: The quality of this booklet is so that you use it whole page, as is, or you can shrink it down to be a half-page size book. Up to you!
Remember to enjoy your students at this busy time of year!