Nady Starpower SP-1 dynamic microphone
M-Audeio Mobile Pre USB preamp/audio interface
5. Sound box. I'm not sure if this is completely nesecerry but I use a tube speaker/sub box to put my mic in. I put foam around the inside of the tube to reduce outside noise and echos. Most recording studios have some sort of padding or sound insulation on the walls to keep out unwanted sounds. I don't have this, so i made a mini one. I'm sure any kind of box would work, and any sort of padding or cloth should do the trick on the inside. Just use what you have around the house. (FREE!)
My tube speaker box mic houseing. You can see the foam wrapped around the inside to prevent echo. I ran the mic cable through the whole in the back and simply laid the mic inside facing the front.
Run your audio interface through any computer USB. Connect your mic to your cable and the cable to the interface. Place the Mic inside your sound box facing the side you will be speaking into. Place your Pop filter infront of your mic. (when you speak the filter will be between your mouth and the mic). Install your software . Learn the quick basics of how to use your software. Start recording.
Total Cost of this home recording studio: $145
Get lucky like me and find an interface at a Goodwill and pay: $32
Click on the pictures below for details or to purchase each item.