Starting a podcast on a budget is achievable with a few strategic steps. Begin by choosing a **niche and format** that you’re passionate about and outline your episodes. For equipment, invest in an affordable **USB microphone** like the Audio-Technica ATR2100x, which offers good sound quality. Use free or low-cost **recording software** like Audacity or GarageBand to edit your episodes. **Host your podcast** on budget-friendly platforms like Buzzsprout or Anchor, which offer free or low-cost options. To promote, use social media and collaborate with other podcasters. Starting small and improving gradually will help you build a quality podcast without breaking the bank.