Hello Marnie,
If the balance wheel turns okay when you are winding a bobbin at full speed but is very tight when trying to sew it could be one of several things. check the raceway thoroughly for stuck thread, if that is okay get some WD40 and oil all the moving parts that you can get to especially the needle bar but don't flood it, that is all it can be but I would still check the raceway thoroughly.
ken, February 2011