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What's the best way to start composting?

Photograph: Francesco Vaninetti Photo/Getty Images

Every week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.

My local council has stopped collecting food waste and I think I need to start composting. What works best? Is it worth spending money on proper equipment or can I use an old bin?

Do you have a problem readers could solve? Email your suggestions to money@theguardian.com or write to us at Money, the Guardian, Kings Place, 90 York Way, London N1 9GU.