The more times your blog readers click on those ads, the more money you'll make through the ad service. Affiliate links allow you to get a cut of any product sold via a link from your website to the advertiser's site. More money can be made by thinking of your blog as a springboard to other gigs. For instance, the blog Digital Photography School has a community of over 2,000,000 readers and makes money from advertising, affiliate links, e-book sales and photography courses [source: Sparring Mind]. They may even lead workshops teaching others how to make money from a blog.