This is the tutorial I used to learn bias binding. it's the best I've found and has the least amount of waste. She also gives you yardage requirements for different widths of binding.
http://piraterodgers.com/tutorials/cbt/index.htm
And here's her tutorial on joining the ends of your binding.
http://piraterodgers.com/tutorials/e...ding/index.htm
It only seems hard the first time you do it. Just take it one step at a time and it's really pretty easy. Striped bias binding is now sort of my signature thing, my favorite part of making a quilt is finding just the right stripe for each quilt.
Cari