A scrapbook and/or photo album system is disclosed. The system includes a top cover panel, a bottom cover panel, a stack of plural pages, a replaceable spine and plural fasteners. The spine is a unitary member made up of a plurality of disks fixedly secured together by a common rod. Each of the pages has an inner edge including a plurality of generally mushroom shaped slots. Each of the disks is circular and has a generally planar central section and an enlarged peripheral rim shaped to mate with and be received in a respective one of the slots of the page to secure each page to the spine. The common rod of the spin includes plural hollow portions, each configured to receive a respective fastener to secure the cover panels to the spine.