How to Make Your Own Perforated Pages
With a little patience, you can make your own perforated pages with a pin. Start by placing your sheet of paper on a cutting mat so you don't damage the surface. Then, place a ruler along the line you want to perforate and push a pin through the paper every 1/16 of an inch or however far apart you want your holes to be. If you want to make your own perforated pages regularly, buy a pattern tracing wheel, which lets you make a lot of holes quickly.
Place your sheet of paper on a Cutting Mat.  Place a ruler along the line you wish to perforate. (if the line is curved, you can cut a cardstock or plastic "guide" to use.) Press the point of a large-headed Quilting Pin through the paper every 1/16th of an inch or less along your line.  Obtain a rotary pizza cutter.  Mark 5 degree increments along the outer edge with permanent marker.  File or grind away the edge between the marks using a Dremel bit or a hand file.  Leave small, sharp edges/points every 5 degrees.  Roll your tool along the line to be perforated.  Obtain a rotary Pizza or Pastry cutter.  Mark 5 degree increments along the outer edge with Permanent Marker.  Place sewing pins in a radial pattern so that their points overlap the edge by approximately 1⁄4 inch (0.6 cm).  Attach the pins to the rotary cutter by one of the following methods: Superglue (will break of used on anything thicker than a single layer of construction paper) Spot Welding (Can last a very long time) Duct tape (can use only a few times on thin paper) Roll your tool along the line to be perforated.  Get a pattern tracing wheel and use it to draw a line across your paper.  The tracing wheel has small spikes on it, so it will make tiny holes on the line, making it easy to tear paper.  
Place your sheet of paper on a Cutting Mat. Place a ruler along the line you wish to perforate. Press the point of a large-headed Quilting Pin through the paper every 1/16th of an inch or less along your line. Obtain a rotary pizza cutter. Mark 5 degree increments along the outer edge with permanent marker. File or grind away the edge between the marks using a Dremel bit or a hand file. Leave small, sharp edges/points every 5 degrees. Roll your tool along the line to be perforated. Obtain a rotary Pizza or Pastry cutter. Mark 5 degree increments along the outer edge with Permanent Marker. Place sewing pins in a radial pattern so that their points overlap the edge by approximately 1⁄4 inch (0.6 cm). Attach the pins to the rotary cutter by one of the following methods: Roll your tool along the line to be perforated. Get a pattern tracing wheel and use it to draw a line across your paper. The tracing wheel has small spikes on it, so it will make tiny holes on the line, making it easy to tear paper. 