A quilting buddy told our group that machine binding was actually a sign of wealth "way back when" because most did not have machines. Showing you did by machine binding your quilt was a way to indicate that!
I mostly bind by hand because I actually enjoy it. Making a label, not so much!

I do get paid to hand bind quilts. If your question originated because you're looking into doing it for others, PM me. I will be happy to answer any questions.

I do most of mine by hand and sometimes depending on quilt will machine quilt it front and back. If I couldn't do it I would hire it out, but right now I enjoy it and have the time and no hand/wrist/joint issues to preclude me doing it.

I enjoy doing some hand work. It provides and nice quiet time for me to relax. However, if I didn't enjoy it or couldn't do it, I wouldn't hesitate to pay someone else to do it.

I hand and machine bind for others. Some of them can no longer do their own sewing due to health issues. It pays me very nice.

Not an issue for me as I like doing it. It gives me the chance to enjoy the quilt for a little while before gifting it to someone else.

I do my own. It makes me feel good to sew the binding in the evening. I see the end of the process on the horizon!!! I do have arthritis in my hands, so that may change in the future. Hope I can continue because I like the fact that my quilts are entirely mine. Of course mine are just usable quilts, I do not make the beauties that some of you do!

I actually like this part. I listen to an audio book or a podcast and feel like I am multi-tasking.

I like handwork but if I hated it I would certainly pay someone to do it. Sort of like sending a top out to be quilted. Life is too short to do what you hate if you can afford not to.

No. I machine bind all of my quilts now with the flange binding technique. It is so easy and looks so nice, and I am not interested in placing them in any quilt judging shows. However, I have placed them in the local Quilt Guild shows and won many prizes with the flange binded quilts.