I have several friends who have been asking me, how to make money from the internet. There are a lot of ways! And you can easily find a lot of probloggers and internet gurus talking about the subject. But for those who are just starting out, here are some great money makers for your website or blogs.
The directory of money makers are divided into two sections, Passive and Active. Passive Income Makers refer to programs you only need to install into your blog and you can watch the money come in. On the other hand, Active Income Makers needs certain actions to be done before getting paid.
Passive Income Makers:
Google Adsense
The most popular advertising program in the internet today. This is a must have if you want you blog to earn money. Adsense technology displays text or image advertisements in your blog targeted to what you are writing about.
A must have for blog and website owners.
Text Link Ads
This is a must have if you want your blog to earn cash! Text Link Ads sells text links in your blog to advertisers. Those are the text links you commonly see under “Sponsored Sites”. Your link price is set by Text Link Ads and is based on Alexa, Google PageRank, number of RSS subscribers, plus other factors.
This is a must have for those who are just starting out because you get paid $25 for every new referral.
Kontera
Popular in the In-Text Advertising category. Unlike Adsense, you can easily run Kontera and not give up valuable advertising space on your website because Kontera’s technology reads your posts and turns certain words into ads. The ads will standout because it will be highlighted with a double underline and an ad pops up when you hover over it.
WidgetBucks
WidgetBucks is a recommendable Contextual Advertising Network. You earn in two forms. If your readers are from US and Canada, they pay you per click which is CPC. And if visitors are from non-US and Canada, they will pay you per ad impressions. Pretty impressive!
The best part is they already pay you $25 just for signing up!
Chitika
Also a popular PPC Advertising Program that works like Widget Bucks. An eMiniMall will feature products with pictures and description, and also feature the best deals. The technology will show the mini mall in your blog and gets you revenues for every click.
Deal Dot Com
A two-tier affiliate program that lets you earn from referring people to the site. Refer people to the site. They register for free. Anything they buy gets you a 35% commission. And anybody they refer will also net you a 15% commission.
Active Income Makers:
Pay Per Post
Get paid for posting a review of a product or service in your blog. This is one of the most popular medium for making money on your blog. Prices can range from $5 to $500 depending on the requirements of the advertisers. This is highly recommended for beginner blogs because most advertisers in their marketplace have low requirements.
Review Me
Works exactly the same with Pay Per Post but have stricter quality control. While it is harder for your blog to get reviews here, the pay is also higher and can also build a better credibility for your blog in the blogoshpere.
Final thoughts:
While it is very important to concentrate on monetizing your blog, focusing on writing quality contents for your blog is more important. Earning money on the internet is not an overnight thing, it takes time, effort and a whole lot of caffeine. 
Good luck!