On these bows, I cut the page into 1/2" strips (I cut the strips above in half lengthwise). You'll also need a brad and something like a thumbnail (to be used for poking a hole). Take a strip, and shape it like a figure-8, as shown. Then use the thumbnail, to poke a starting hole for the brad in the middle of the figure-8. Poke the legs of the brad thru the hole. Make several more figure-8's and keep adding them onto the brad, behind the first. Once you've got a full bow, you can close up the brad (fold the legs down), and ta-da you'll never have to buy a bow again. The bows in the picture consist of about 6-8 strips of paper, but probably could have handled a couple more strips.
These are excellent reuses of magazines, but also a good basis if you want a particular design on a bow. You can print up that design and make the bows out of the printer paper. I tried to make one with one of those paper grocery bags, stamping on a design and then cutting them into strips. I had problems sticking them onto the brad, but aside from that it went pretty well, next time, thinner paper bags tho.