Why do you think there are so many sites that will host your blog for free? The main reason would be that they know you will promoting your blog bringing visitors to their site building up their Google Rankings and making them money. Of course you may get a little of that back yourself, but is it enough considering all the work you put in.

Now when you host your own site, you make 100% of the money, and when you consider that companies such as LunarPages will give a free domain with their basic package at only $6.95 per month, a package which is far from basic, how could you go wrong. I do just one post in a day that pays for a months worth of hosting, the rest is mine.

Another very important aspect of of having your own blog is that you have complete control of how your blog looks. You can choose your template, pick your own ads or affiliates you want to promote and finally have total control of the way you market it using as many SEO marketing strategies that you can learn from the net.

Once you have your own domain you can have as many blogs as you like. The more blogs the greater your earning potential. Then again why just stop at blogs. Create your own website which you can use to promote your blogs. It can have it’s own forum full of blogging topics for fellow bloggers to contribute to. Each site has potential for earning you money through Google Adsense Kontera, affiliates and many other avenues. This way you know that whatever work you put into it will earn you money and not someone else.