Over the Internetusing a free VOIP service called Skype and a recording tool called Pamela
($39.95 for the license)
Directly into your computer using a free recording tool called Audacity and a USB headset with microphone plugged into your computer. Try Plantronics or Logitech brands (costs range from $35 to $80).
Edit/Mix Audio Files - Use a free recording and editing tool called Audacity or for Mac users, try Garageband
Publish Your Content
Hosted - Podomatic, Podango or TalkShoe are all great free options.
Independent - Choose Wordpress.org to publish your podcast, Libsyn to host your podcasts and Feedburner to create your RSS feed.
Downloading Wordpress is free, however, if you don’t have technical knowledge, you’ll have to pay someone to install it. Or, you can watch this video for step-by-step instructions.