In Windows Media Player:
Tools, Options, Click on the "Rip Music" tab
Choose the default directory where you want the music ripped to.
Click on File Name and choose how you want it to name the files (I like just artist and song title)
Under "Rip Settings", choose whatever music format you prefer from the drop-down menu (most people prefer MP3)
Choose "Rip CD Automatically"
Choose "Eject CD when finished"
Choose "The blue pill not the red pill"
Note: I forget which one they chose in "The Matrix" :)
Choose the Quality of the MP3 you want (better quality, bigger file)
Click on OK
Now anytime you pop a music CD into your computer, Windows Media Player will pop up (if it's your default CD music player) and automatically start ripping all those songs to the folder you chose