Web logs, or blogs, are tools for users to share their thoughts, memories, and experiences to the world. Blogs were first designed as an online journal; diaries meant to be less intimate or secretive than their offline equivalent.

Recently, blogs turned into a means for personal online publication. Did you ever dream of establishing a newspaper? Using blogs, you will be able to do that all by yourself, it can never get easier. Blogs are now the most popular medium due to their vast reach (you’re sharing it with the whole world) and user-friendly interface, so true that a 7-year old has been one of the more popular http://www.blogger.com users.

Do you enjoy blogging?

Don’t think of it as just a hobby. Start making your blog into a money-making machine. If it reaches a certin success, your blog will be everything you need to live.

There are many ways to earn money from your blog, following are six of them.

1. Pay per click scheme. Sign up at Google AdSense or other pay per click programs (e.g. AdBrite). When done, a code will be sent to you that you have to insert on your blog. What does it actually do? The code will present ads relevant to your blog entries’ subject matter. Thus, your readers will be more compelled to click on the ads. This is when the money starts coming in, since every click on an ad is added to your earnings.

2. Promote your own products. A product of your own is something that veterans in the internet marketing biz will tell you to be the key toward success. Your product can be sold directly on your blog! You can publish entries that follow the development of this product. You can post entries about all the good things it can bring. Everything is in your control--the product, the blog, and all the rules to play!

3. Endorse your affiliate links. For some reason, if you decide not to create your own product, then go about and sell other’s. All you need to do is sign up to affiliate programs offering products which relate to matter discussed in your blog entries. What you’ll do is add the affiliate links in your blog entries, and see the revenues flowing!

4. Sell advertisement space. When your blog starts becoming popular, you can then sell ad spaces to those interested. Prices of the ad space will rely on the quantity of visitors your blog can establish in a day.

5. Promote link space. Some advertisers do not prefer advertisement space. Rather, they prefer to have their link anchored on some keywords appearing in your blog posts.

6. Bid for reviews. Other advertisers would like to have their product reviews published on your blog. It’s because they believe reviews will bring them sales. You can opt to sell your publication space and/or writing services to these people. It's a matter if ethics, however, if you want to do this. I would never endorse products for money if I do not think the product is excellent quality.