An article from makemoneyforbeginners.blogspot.com This is one site where beginners can learn the real way of making money online
Let's start with "Google Adsense" and Blogs.
This is the cheapest and fastest way to get started making money online. You can set up a blog for free. Google will provide advertisements for your blog for free. You will earn an immediate commission from Google each time some one clicks an advertisement on your blog. Once you get your blog up and running you can diversify with affiliate marketing and other methods of making money. A blog is very simple to manage. The new Blogger (just out of Beta) program (owned by Google) is a beginners dream as a complete computer illiterate can set up a blog just following the onscreen directions. Once you have a blog you will then learn how to market it - get traffic to your site. When you have learned how to do this you can transfer this knowledge to websites and other online ventures. A blog will teach you the basics and you can learn without spending gobs of cash in the process.
I'm sure you have seen screenshots of people who are making hundreds of dollars a day from adsense. Is this bullsh*t? Nope. They earn what they say but beware that they are not telling you the whole story.
There are several strategies for making money with Google Adsense but let's look at the two most common.
1)Using Adwords or other paid advertising to generate traffic to your Adsense sites and hence generate Adsense clicks.
2) Getting free traffic using SEO techniques (Search Engine Optimization) and harnessing the power of multiple Blogs to generate Adsense revenue.
So what is the trick?
This is what they don't tell you.
A lot of those screen shots show you the money they brought in. They never tell you how much they spent to earn that income. They may make $600 a day but if they are using adwords to generate traffic then they likely spent several hundred a day as well. They always show you the gross, not the net. This doesn't mean that they aren't making a profit - they are or they wouldn't continue day after day - but that their profit is a lot less than they lead you to believe. This is done in order to make you believe that the product they are selling will help you generate profits of $600 a day. If they were completely honest they would admit that it might generate SALES of $600 a day - not PROFITS.
Using free traffic
This is what they don't tell you.
This is the best way for a beginner to start out. Build a blog on a particular niche(topic), create good quality content for it, have Google index and rank your page high for your keyword (topic) and sit back as Google sends hordes of visitors to your site. Finally, count your money from all the Adsense clicks. Right? Well almost.
This is the procedure but they don't tell you that to make serious money at this you will need to create thousands of blogs. Yes, you heard right. Your main blogs will be decent pages addressing the needs of your visitors and suitable for marketing products. The majority of the blogs however, will be set up to simply generate Adsense clicks and provide links to help your main blogs get ranked. The articles will be unique but crappy and visitors that end up on these blogs will quickly leave - hopefully by clicking an ad that will take them to where they were trying to go in the first place. This is called spam blogging and as unethical as it seems, it is how you make a lot of money with Adsense. No one talks about this aspect of making adsense profits. No one wants to admit that they use this tactic and yet this is the only way to generate a lot of money with Adsense with out spending money to get traffic