This document provides instructions for using the free audio editing and recording software Audacity to create podcasts. It explains how to download and install both Audacity and LAME, an MP3 encoder. It then walks through the basics of recording and editing audio, including adding music or sound effects, adjusting volume levels, adding fades, and exporting the final audio as an MP3 file. It recommends sharing the finished podcast on Podomatic, a website for hosting podcasts.