Recording streaming music from your favourite DJ show or radio station is possible with Audacity. For recording the music being output from your computer’s speakers, run Audacity and set it to record “Stereo Mix” option in the Edit> Preferences> I/O Devices. But what if you don’t find the “Stereo Mix” option in the list of devices?
If you are an old music fan, you must be having a lot of music on tape cassettes. These tapes cassettes have not only become obsolete, they are also bulky, require more maintenance and wear with use and risk loss of music. Why not convert all your music cassettes into MP3 and save it on your hard disk or CD/DVD?