1) Choose your Races.
2) Chose 0, 1 or 2 Traits.
3) Allocate your SPECIAL based on your race, which determines your min/Max attributes and how many Special you get to allocate. The total SPECIAL must add up to how many points your race gets(ie. 30 for human, 28 for ghoul, etc.)
4) If human, pick your starting Perks.
5) If you are playing in a campaign with starting loot, you have 125 caps to spend to start with. You do not use your charisma for this starting equipment.