Area rugs can be pricey. Especially for large or odd-sized ones. Getting a carpet bound is expensive.
But now you can get custom, bound carpets rugs at a fraction of the price.
First, get a carpet remnant at a local carpet store or a dealer that resells remnants. (Search online for retailers in your area.) Find what you want. Bring it home. Cut it to size using a carpet knife for a clean edge.
Then use Instabind, a pair of scissors, and a hot glue gun to finish it.
See Instabind.com here and watch their videos. Easy, inexpensive, beautiful as seen in photo above.