Good one! My way is even easier. LOL. I was taught this, at the first Paducah quilt show I went to, by a quilter who just had her miniature quilt accepted to the museum. She showed me in less then a minute with a scrap strip piece. I still have that scrap piece! There is now a youtube video of how to do it. I tweak the pocket fold a little and it's perfect.
You can scroll to the time 2:55 to get to the part of ending the binding.
https://www.youtube.com/watch?v=xWh9...=TLQWyAp5EWwcU