I assume you already have a VCR, so in that case, just get yourself a dvd recorder. Hook the vcr into the dvd recorder inputs and click record, pretty simple. The unit below will do the job. If you really want to save money and there's no use for the unit, just sell it back out.
http://www.futureshop.ca/en-CA/produ...a8c8150a49en02
Another option is to get a video card with video capture. hook up vcr and audio to sound card.