Wassup?
The cheapest way to make your beats, unfortrunately isn't the most simple. Don't let it get you down. Just remember that there will be a learning curve. Be patient, persistant, and consistant, and good things will become of it. Just a disclaimer. Now, on to the tools...
The basic tools are:
1.
Samples
See "Funky Drummer"...
2.
Music Sequencer
See "Synapse Audio Orion"...
4.
Hardware Sampler
See "Akai MPC2000xl", "EMU SP1200"...
3.
Digital Audio Editor
See "Adobe Auditon", "Goldwave", "Audacity"...
5. Virtual Studio
See "Propellerhead Reason", "Cakewalk Project"...
6.
Digital Audio Workstation (DAW)
See "Digidesign ProTools", "Steinberg Cubase"...
7. Plug-In (
VST / RTAS)
See "Native Instruments Kontakt", "Waves Renaissance Compressor"...
Aight. Don't get caught up in all the details, just yet...
The most effective, cheap, way to make beats is to use open source and/or freeware software and royalty free samples.
Here is a recipe for you to maybe seek out and try...
Digital Audio Workstation:
CM Muzy's (You can get this free, if you buy an issue of Computer Music Magazine.)
Digital Audio Editor:
Audacity (open-source/free)
Samples:
Computer Music Magazine (free samples every month)
There are sites that offer "free" samples to use, as well.
You can sample drum hits or loops from previous recordings (vinyl is the most revered medium to sample from) (THERE ARE LEGALITY ISSUES WITH THIS, THAT ARE BEYOND THE SCOPE OF THIS POST).
Plug-Ins:
Computer Music Magazine (free plug-ins every month)
Sampler:
Check out this very cool looking software sampler VST.
http://www.plugindex.de/index.php?templateid=download&file=1138
It emulates
an EMU SP-1200. I haven't used it, but it looks f'in sweet..
If you'd rather go a hardware route.. Maybe someone else should chime in.. As I'm not very knowledgable about that area.... I still think, if you already have a computer, that it will be cheaper to go "mostly" software...
Now, if you have some cash.. You can always check out the crowd favorites, "Reason" and "Fruity Loops", but I warn you, originality won't be easy to come by, for a while.... They are, however, famous for a good, lol, reason. They do make beats, and they do make it easier than what I've listed above...
I hope I didn't bore you to death.. If you have questions about what is above.. Let me know.. I'm on here everyday... and will reply ASAP... Plus, our community is thick with beat wizads...
Welcome aboard and good luck.....
P.S. I heard J. Dilla (RIP) started making beats using a modified tape deck (that allowed him to change the pitch of samples)....