HOW TO: Make ANY Song in iTunes into a Ringtone for FREE

OK, now for a random, non-digital strategy/social media/yada yada post. So you really want a portion of your favorite song turned into a ringtone for your iPhone, but 1) you don’t want to pay $.99  or 2) it isn’t a ringtone offered by ITunes. How do you do it?
1) Find your song on iTunes. The [...]