I have had a worm farm at home for over 10 years now, in fact I now have four.
To get started is easy, and cheap.
Here are the steps to successful worm farming at home:-
1 Buy a worm farm
Buy 1000 worms
Follow the set up instructions for the worm café / farm
Once your set up, add your worms....No food yet as they will feed on the bedding supplied in the worm café.
After two weeks start adding food scraps - Only a small amount!!
Add shredded paper/cardboard
Wait another week....add some more food...again small amount...handful.
By now your worms will begin to multiply. They breed and take 6 weeks to hatch from their cacoons. (Yellow Eggs)
Keep adding paper/cardboard, ensure they are kept moist not wet, and at between 18-25 degrees Celcius
And your away. Feed only what you think they are consuming...too much food will cause the system to smell.
Flies: If you encounter small flies cover the top of your worms with newspaper and wet it.
Hope this helps you get started, its easy as I have said. If you have any questions please feel free to ask away.
Happy Worming!
Cheers
Gunga