How Much Does It Cost to Start a Money Making Blog in 2024 (The Cheapest Way)

Today I’m going to show you exactly how much it costs to start a money-making blog in 2024.

Most aspiring bloggers and especially teenage aspiring bloggers don’t have much money to invest in a blog.

Everyone knows that to start a self-hosted WordPress blog you have to invest in hosting, domain name, themes, etc, and there’s no upper limit when it comes to blog investment. You can even hire one of the best Chicago software developers if your budget is ready to support that decision. You can even invest in website accessibility tools that can make your blog user-friendly for all visitors. This too will cost you some money.

But don’t worry,

In this guide, I will share the most affordable ways (The Inu Etc Formula! LOL!) to start a money-making blog in 2024 and I’ll share the minimum amount you need to spend to create a professional-looking, your own, self-hosted WordPress blog.

Let’s dive right in.

How to start a money-making blog

Blogging is proven and one of the oldest ways to make money online. If you have no idea what blogging is and how to start a blog, kindly check out my ultimate guide on how to start a money-making blog.

Where you have to invest your money to start a money-making blog

To start a money-making self-hosted WordPress blog, you have to invest your money in good hosting, domain name, themes, and much more (if you wanna invest more).

You can also build a professional blog without a premium WordPress theme. At our web design company, we use Elementor Pro to build sites for our clients.

If you don’t know how to start a professional blog on your own, you can contact me!

Also, you can’t start and maintain a professional WordPress blog from your smartphone. So, if you don’t have a laptop right now, I suggest you buy a laptop today to blog from anywhere.

This post contains affiliate links. I may receive a commission for purchases made through these links. This commission comes at no extra cost to you. Also, I don’t recommend anything that I don’t believe in.

The Best Web Hosting Service

As an online entrepreneur and a blogger, I have used Bluehost, Siteground, BigRock, Dreamhost, and for our web design company, we have used HostGator, but now I’m using Hostinger, which is the cheapest and the best hosting available online.

Hostinger is one of the most reliable and recommended WordPress hosting companies out there.

It’s a secure and the most affordable web hosting service you can use to start your blogging journey today.

They have one of the best loading speeds and their support team is fast, effective, and friendly.

If you want a fast and reliable web hosting service with great customer support, then Hostinger is perfect for you. They have affordable hosting plans for every budget and each plan comes with tons of useful features.

All their hosting plans include a free domain name, a free SSL certificate, LightSpeed Cache, 1-click WordPress installer, and lots of other useful features.

So what are you waiting for?

Get started today!

Domain Name – Website URL

Hostinger gives you a free domain name when you buy their premium web hosting.

But it’s better to keep your domain and hosting separate from each other to secure your blog.

You can buy top-level domain names from Godaddy, Namecheap, or any other domain name providers out there.

SSL Certificate

An SSL certificate enables your websites to move from HTTP to HTTPS, which is more secure.

It’s important to make your blog secure using an SSL certificate because it helps your blog rank higher on Google and it ensures that your customers or your blog readers are secure on your website.

Hostinger gives you a free SSL certificate for LIFETIME when you buy any hosting plan from them.

Premium WordPress Theme

A good-looking theme can make all the difference between a boring website to an engaging and interesting website.

There are thousands of easy to customize, beginner-friendly, pre-built premium themes available on many WordPress theme selling marketplace.

If you are a newbie blogger, I recommend Divi by Elegant Themes.

If you want to design a highly customized, extremely well-built, and SEO optimized website, I highly recommend StudioPress by WP Engine.

For my blog, I’m using the Avada theme, which is a premium theme available on ThemeForest, Envato Market.

Related post: 7 Best WordPress Themes for Blogs

So, how much money does It cost to start a money-making blog in 2024?

Let’s calculate the actual amount you have to spend per year to start and host your blog online.

Hosting:

Hostinger premium web hosting – $2.59/Month ($2.59*12 = $31.08/Year)

Domain name:

You’ll get a FREE Domain name with Hostinger premium web hosting. Also, you can buy a domain name from GoDaddy or Namecheap for under 20$/Year.

SSL certificate:

You can use the Cloudflare free SSL certificate on your blog but I recommend Hostinger, you’ll get a FREE SSL certificate (11.99$ value) for lifetime with any Hostinger hosting plan.

WordPress themes:

Lots of premium WordPress themes are available on Themeforest for under 60$.

I’m using Avada, which is a premium WordPress theme available on Themeforest for $59.

The actual cost required to build and run your blog:

So if you follow my blog starting guide and buy the premium hosting plan from Hostinger + a premium WordPress theme from Themeforest, you have to invest $90+ and if you wanna buy a domain name from GoDaddy or Namecheap, you have to invest $110+ to start a professional blog today.

*I’m using the ‘+’ sign here with the pricing because the tax amount is unknown.

Wanna invest more?

There’s no upper limit when it comes to blog investment.

If you’re a rich guy, and you wanna invest more, you can invest in an email marketing service to build an email list.

“Money is on the list”

Email marketing is a huge opportunity to engage with your loyal audience and there are hundreds of ways you can monetize your loyal audience whenever you want.

ConvertKit is the best email marketing service out there but there are more affordable alternatives available online such as Mailerlite, Aweber, MailChimp, Sendinblue, etc.

For Inuidea, I use Mailerlite, it’s a beginner-friendly email marketing and automation tool that lets you create beautiful and professional email forms that fit with your branding.

Mailerlite has a free plan that allows you to have up to 1000 subscribers. It’s a better alternative to MailChimp thanks to its easy-to-customize features.

If you wanna invest more to make more money from your blog, you can invest in ads, premium WordPress plugins such as WP Rocket, services such as Tailwind, SendOwl, Canva, Grammarly, and more.

Read more: The Best Resources You Need to Make Your Online Entrepreneurial Journey Easier!

Now it’s your turn!

Hey, you have read a detailed blog post on ‘how much does it cost to start a blog?’

Now I’d like to hear from you:

Are you going to start a blog in 2024?

Or maybe you have a blog!

Oh yeah, you can migrate your site to Hostinger for free, just tell them you wanna migrate your site, they’ll be glad to help you out.

Tell me how much money you invested in your blog when you started blogging.

Leave a quick comment below.

Also, share this post with aspiring bloggers who want to know how much it costs to start a self-hosted WordPress blog in 2024.

If you loved what you read, would you be able to buy me a cup of coffee? It’s okay if you can’t right now.

If you have any questions or if you wanna work with me, feel free to contact me. I’m always available to help young hustlers like you.

Keep hustling!