First off,

As the title explains, I have absolutely no clue in the realm of Fixed/SS bikes. I have done several minor repairs (tubes, brakes, bars) to my CX and Road bike but nothing too involved.

Here is my dilemma, I have recently purchased a 1971 Raleigh Grand Prix (Pics Below) for $25 and really didn't have plans for the bike until....oh about 20 minutes after I got it home. I realized this bike is screaming "FIX ME!!!!" (also my front derailleur is cracked in half) so here I am.

Here is the catch...I have literally zero dollars in bike budget money (all I have to say is I am in my early 20's and I am married).

Here is my big question. What do I need to do to get this bike fixed?

I need the cheapest most cost efficient way to get me started. I can always upgrade later (Christmas). I really just want to see if I like riding fixed or SS.

I am looking for any recommendations at all. I do have a couple bikes I could use as donors (wheels and such) but I am no bike mechanic and I do not know what can be done with Road Bikes in regards to a Fixed Gear bike.

Thank you In Advance.

PS: I have read Sheldon Browns Website, I just do not know which parts are recommended.