I iron 1/4" on one side, sew unpressed side to front and hand stitch on the back. ktbb and virtualbernie have got the right (my!) information on double fold binding. With you being a new quilter, I would never suggest you try the "sew front and back at once" idea. I only do that with very small projects and usually have to refer to Mr. Seam-ripper in that case. Funny how it's Mr. and not Mrs/Ms. Seam-ripper. Good luck in your projects.