Do you love to make crafts or do you run your business from your home You could use a residential guillotine paper cutter. A simple and small guillotine paper cutter will be perfect you. For your home you don't need to buy a large industrial sized paper cutter.
You can find a quality 9" guillotine paper cutter for your home. They sell for less than $50. The larger you get, the more paper you can place on the board at once. Depending on the material that the cutter is made out of it could affect the price. One of the cheapest materials for paper cutters is poly board. Metal will be a bit pricier. You can also get Boston Paper cutters for home. Also try Fiskars paper cutters.