Audio Interface: Though it is possible to record music directly into the computer, an audio interface gives a better option of feeding in multiple sources of audio, microphone and the keyboard. You don't need something very sophisticated. USB or fire-wire interfaces are good, but i think USB is fast enough. The suggested amount to invest in this is about 
Microphone: A large diaphragm condenser microphone is recommended for better quality, but still a good cheap microphone will serve the purpose. The suggested amount to invest in this is about
Speakers: You can purchase cheap speakers, but if you want a better quality spending a little more on separate speakers will help. If you have a very tight budget, this is an item on the list that can be skipped. The suggested amount to invest in this is about
Laptop/Desktop: This very important in audio production. As a matter of fact, it is one of the most important as all other tools and equipment are connected to it. The suggested amount to invest in this is about
MIDI Keyboard: The keyboard is the best equipment to add variety of instrumental effects to your songs aside using a software application. The suggested amount to invest in this is about
Headphones: Recording headphones are usually full coverage, meaning they fit entirely over the ear to seal out external sound in order to avoid leakage. The suggested amount to invest in this is about N3,500.
Shock Mounts and Popper Stoppers: This equipment attenuates unwanted breath noise and plosives, physical vibration, floor, stand noise and any other unwanted noise in your output signal. It is widely recognized throughout the recording and post-production process by music producers as a leading tool in pop elimination technology. The suggested amount to invest in this is about N3,000.
Music Production Software: I recommend LMMS( Linux Multimedia Studio) music production software. It is free and a good alternative to all those top notch software packages. LMMS is an open source software, and still in its infancy, but it packs a punch. It runs on both Windows and Linux. This software is absolutely free of charge.
Accessories: Although most of the items on the list come with cables and adapters, you may need some more. Its necessary to have extra cables handy. The suggested amount to invest in this is about
Please add other suggestions of affordable items for a studio and also let us know if this list is of help to you by commenting. Thank you.
nice blog, i love reading it..i am looking for some instruments for i will be having my own music band..
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