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One thing that I would add to what Christopher posted is to consider spending a little more money and get a good quality microphone and pop stopper. There may be no need to spend $1000 plus for a Shure VP88 field mic when you are dipping your toes into podcasting, but you can get a solid studio mic like a Studio Projects B1 for around $120. A decent mic will make the sound a lot fuller, and should last you for years. The pop stopper will stop "pops" when you use words with hard consonants like "Ps" and "Bs" - I would put that on the must have list.