Blogging is one of the best ways to make money online because you are part of a community. If you're good at what you do you can gain credibility and be recognized for your blogging across the internet.
Along with gaining credibility there is also the potential to make a lot of money. Peter Cashmore, founder of Mashable, is reported to make $166,000 a month, all from the one blog.
If you are new to blogging and interested in making money you should check out the blogs Shoemoney and Problogger. These blogs have a lot of tips for beginners on how to make money and get traffic.
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