I love the idea of Project Life and Photo A Day and those sort of projects; I also know myself and long term projects. Not good. I also like photo books, but they do require some time and effort to put together. However I have found myself a groove with my Every Day Photo Storage, that works for me. Its more than a wee bit more expensive than the old Crazy Clarkes slip in albums, but more much durable, and holds far more photos.
I've randomly flicked open the album and taken a shot.
I use a three ring binder album, and 4x6 page protectors. I printed on some plain white card some AE journaling blocks, however have used lined index cards before. The protectors above are American Craft, and I like that they offer the two orientations, however I have come to the conclusion that I would prefer the extra pocket and will be going back to the 6 per page protectors. And I like the AC ones in that they allow photos to be slotted in on each side, not just one side like the WRMK ones which I have also used.
I stick multiple photos in each pocket if they are similar. Its from here I will take any I need for scrapping.
I have used the "patches" Printblocks albums that I have managed to pick up for less than $25 (and they are just as good as the more expensive brands) but more recently I was able to grab a handful of very similar (but carrying a different brand name!) albums from my local "prices plus" (I think) store for $17 each. I am thinking of going there again next time I am in town and getting some more to put away!
And let me tell you, for a person that usually has 100 + photos for each month (and that is WITH editing! and taking a cut from each month) these albums are FULL. And the kids love flicking through them.
Which reminds me, I must order some more page protectors!