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HOW TO install Ubuntu - complete guide
List of everyday used applications (in process)

Luckily for you this is very simple thing to do. :)
Before you start, please install support for mp3 format by typing code below in terminal:
sudo apt-get install gstreamer0.10-plugins-ugly-multiverse
Now, when you insert some audio CD to your computer program called Sound Juicer should automatically start, if click on Applications > Sound & Video > Sound Juicer CD Extractor. Now to rip to mp3 click on Edit in upper left corner and then select Preferences. The Music Folder determines where your mp3's will be saved. So if you don't want the mp3's to be saved in your home folder you can select here some specific location.
Now click on Edit Profiles, select New and name it as you please, for example my mp3. This profile has now been added to the list, select it from the list and click on Edit button. Now copy the code below and paste it to GStreamer pipeline overwriting the word saying identity:
audio/x-raw-int,rate=44100,channels=2 ! lame name=enc bitrate=320 ! id3v2mux
Note where it says bitrate=320 this determines the quality and size of the mp3. Bigger the mp3 better the quality. The bitrate=320
gives best quality while bitrate=128 gives worst, if you put any number between 128 and 320 you'll get the quality somewhere between these two qualities. To get feeling for sizes of your new mp3's, 4:43 mp3 with in 320 quality will have size of 10.8MB and the same one in 128 quality will have size of 4.3 MB. I rip all my music to 320, but if you're average listener with disc space problems feel free to change 320 to 192. Change the File extension from wav to mp3. Last thing you need to do is to mark profile as Active