Step 1: Go to the library and get several books on quilting, read them all. Find out what appeals to you.
Step 2: Pick out an easy quilt like a 9 patch or a 4 patch, look at the tutorials on this board how to make them.
Step 3: Buy some fabric of good quality: Hobby Lobby or Joann's or even Walmart that you really like.
Step 4: Look for coupons for 40% off Hobby Lobby in the newspaper: buy a ruler, rotary cutter or mat with these.
Step 5: Using a book from the library, start cutting your fabric according to directions. Watch the fabric grain lines.
Step 6: Sew seams using less than a 1/4" seam and then press the seams to one side before sewing over them.
Step 7: If you want a quilt, read the rest of the instructions about the quilting/sandwich process.
Step 8: Relax and enjoy this whole process the rest of your life.