There is definitely money to be made online, but many people make the mistake of spending too much of it in order to make it back. They spend too much on mistargeted PPC campaigns, pay far too much for SEO services, and go overboard when it comes to domain registration, web design, and web hosting. But when you start out small, sometimes it makes sense to go slow, and take advantage of cheap individual hosting services. When you only have one or two legitimate websites (not free blogger sites), it's fairly inexpensive to use cheap shared hosting ( like GoDaddy.com Hosting Plans ) to meet your website's needs, at least until it starts getting some decent traffic.

I've made the mistake of using cheap hosting on several sites, but because it was easy to set up, and I didn't have to commit to any long term agreements, the idea made sense at the time. But when the sites got bigger, and the free hosting wasn't efficient for the sites' purposes, those websites needed to be moved to a virtual server, and then a dedicated server, which took time, and some specialized knowledge. The key though was to consolidate the sites into one hosting package with one price, reducing the hosting costs per site.

There are many hosting services, and many packages available. It all depends on what you need to run your websites. If you have online shopping carts, databases, downloads, or a lot of server functions, you'd best do your research to find the right hosting solution, and don't get involved in services that seem too cheap, because the too-good-to-be-true offers usually are, and you might get burned, and forced to deal with costly downtime, lost data, and lost business

My suggestion is to deal with an established hosting provider that you can trust, one that comes with a referral, one that has been in business for a long time, and one that can scale your websites' needs as you grow. You don't want to be paying too much for services or hardware that you aren't going to use, but neither do you want to get stuck with underperforming services that isn't able to handle your visitor traffic.

Yes, it can be a juggling act finding the right balance of performance and cost, but if you're in this to make money, every dollar saved is one less dollar you need to earn to pay the bills.