If you’re going to put a lot of time into your blog, you might as well make some money off of it - and people are - to the tune of five figures a month!

You can make serious money with your blog by joining Google’s Adsense program, which serves up text ads based on the content on your site. If visitors to your blogs click those google ads, you’ll make some cash which can quickly add up to quite a large amount. People everywhere are now hyping programs on how to quit your job and make money from adsense while working from home. There’s a reason for the hype - making a living from adsense isn’t just a fantasy. People can and do blog for a living.

If you have a blog you can sell advertising on it very easily at blogads.com

You can also use affiliate programs to advertise products that relate to your blog (like if your blog is all about Madonna, you can link to places that sell her CDs, etc).

Here’s an article on Blogging for Dollars

Here’s what the folks at Google have to say about using Adsense to make money with your weblog

Here’s a post from a blogger who added adsense to his weblog in an attempt to cover the costs of his TypePad account, only to discover he was earning a second income from his blog!

This last article is a little dated, but still worth checking out: Blogonomics: making a living from blogging