I have an approx. one year old acoustic guitar, which makes an ugly buzzing sound when I play the fifth fret of the first string (High E). It seems as though the string slightly touches the sixth and seventh fret, producing this really ugly buzzing sound.

Do you guys have any ideas for me to try ? I don't have alot of spare change laying about to bring it in for repair, and I'd like to take a crack at it myself before I do.

Any help would be greatly appreciated !
When was the last time you changed your strings?

I would think if you brought it to someone they could look at it for you and not charge you for a diagnosis. They could probably tell you want needs to be done and it might even be something minor you could handle. I wouldn't attempt anything drastic if you're not comfortable though.