Of course, there are many ways to make money, the proved ways are doing business, part time job, invest in properties, stock market and unit trust, trading, make money online & blogging, gambling at casino, make crimes such as hack bank account, scam people's money, drugs delivery, rob and so on. They are just too many ways to make money, either good or bad, okay.
Is writing blog making money? I would say yes, but depends on how much you earn. For example, I setup a new blog and apply Google Adsense. After it has approved, I click on the ad in my new blog and I already earn USD 10-30 cents from Adsense. It's consider a simple earning. But I don't think you can get USD$10-$30 a day with a new blog like that. It needs time to build up, unless you tricked your way to earn madly, like this fellow did. Sabahan.com is also doing a good job, he earning about a couple of thousands of USD per month. Unfortunately he did not reveal what he is doing. I suspecting he is doing some zombie blogging.
Make money blogging has become a trend around the world, because it's just simple and start cheap.
Apart from time, topic and promotion of blog always very important. Apparently bloggers starting with MAKE MONEY BLOGGING are really making money, because it can attract a lot of visitors to visit their blog and see how they make money blogging, envy them, comment there and etc. By then, advertisers pay the blogger to make use of the visitors, per click or per visit etc. The bloggers who teach people make money blogging are like Johnchow Dot Com and Raja Wang. John Chow claimed that he made money from blogging up to USD$41,000 per month, see his June 2008 income report here.
Another local guy who impressed me is Kenny Sia. He is a blogger writing about his personal life, and he able to earn up to RM4,000 per month (sourced from Personal Money magazine), which is pretty good. As we know writing personal life has nothing to do with teach people make money online.
Google Search Ranking can helps a lot in your make money blogging plan, I think so.
I think it's just too many people write about make money online due to easy income, until I'm sick of it. You may ask how about Saving Money or Financial Advise blog? I'm not sure, it can be famous such as KC Lau, but he didn't let me know how much he earns from his blog. So it's a question mark.
News blog also seems like a hot cake now, as Malaysia politicians have so many gossips/news to show off. The best one so far is Malaysia today. If you are politician, you also can make money online by owning a blog too, such as Tun Mahatir and Anwar, visitors will grow easily, but within the country itself.
So what other blogs can really make money at this moment? I don't know yet, it's depend on your creativity, effort, network and content. Anyway, just to share with you that my blog is not making good money so far. I typed craps? No, look at the prove below.
My Nuffnang Ad earning RM1.65 up to today.
It doesn't bother me, as my blog has just started for 2 months time.
Good luck, money making blogger!