If you browse the internet for ways to earn money online, you'll find an almost overwhelming amount of options. From paid website memberships to expensive ebook offers, the income opportunities are endless. However, if you're like me, you'd like to earn an income online without paying for anything.

Things You Will Need

Free Blogger account to create a blog
Free image creation software such as Gimp
A notebook

Step 1

As top blogger Glen Allsop recommends as a starting point, write down your fears, problems, and passions. Your list items are all potential topics for a blog. Likely, the same things you've listed are also topics of interest for other people. It is also important that you are interested in the topic so your motivation doesn't dwindle away in a few months.

Step 2

Before you create your blog, you need to determine the popularity of your topic. Resources such as the Keyword Tool through Google Adwords and Google Trends are both two free tools that you can use to see how popular your topic is as a keyword search. You want a topic that has 20,000 or more searches recorded and a steady traffic record.

Step 3

Although you can pay for a domain and hosting space, I recommend starting with a free Blogger account. This will allow you to experiment without wasting any money. There are thousands of free Blogger templates and free image creation tools such as Gimp that will allow you to customize your blog graphics further. You will want to create at least 10 strong articles/posts on your blog and then apply for free listings in blog directories and begin submitting your URL to search engines.

Step 4

Once you've created your blog, you will need to decide if you want to try to generate money from readers that click on advertisements or selling a product as an affiliate. Keep in mind that if you create your own product, you will receive 100% of the profit. For example, maybe your topic doesn't have any good e-books available. You could write your own e-book. From here, you will setup a system that will take the payment from your visitor and automatically send the Ebook upon the payment being received.
You will need to maintain your blog and respond to comments. Interaction with your readers through newsletters and Twitter updates is essential if you expect to increase traffic to your blog.

Tips & Warnings

When using a free blog hosting account, always read the policies closely. You can use Google Adsense on Blogger accounts but some hosting companies will restrict this.