This first idea for a family activity comes from my 3 year old daughter. She wrote this story and then wanted us to illustrate it. Unfortunately my husband was asleep while I was drawing the first 2 pictures, so this is what she got.
Blue raspberry loved to fly.
So he flew up to the sun and had a picnic.
He ate marshmallows, hot dogs, and chips. The end.
Help your kids write and illustrate their own stories. You can then use a hole puncher and yarn to bind your own book. Or for a more professional look, copy places usually do 3 ring binding for fairly cheap. And then last of all come back here and share your project. I would love to see what you come up with.